Del Monte Foods Goes Into Bankruptcy: A Trump Tariff Casualty (www.nakedcapitalism.com)

submitted 1 week ago by davel@lemmy.ml to c/usa@lemmy.ml

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[-] Sausagecat@lemmy.world 9 points 1 week ago

I believe the article was getting at Del Monte was already in trouble and had to restructure but the tariffs were a nail in the coffin so to speak. They went from having some hope to none.

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[-] seejur@lemmy.world 3 points 1 week ago

Yes, but then the implications is that tariff is not the root cause, it just helped the real problems crush the business faster

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this post was submitted on 11 Jul 2025

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