Overview
- Albertsons, North America’s second-largest grocery chain, has formally barred suppliers from passing on tariff-related costs without prior approval.
- Suppliers must provide 90 days' notice with detailed evidence to request price increases, which are subject to a 30-day review process with no guarantee of approval.
- The move comes as President Trump’s sweeping tariffs, including a 145% rate on Chinese imports, drive up costs across supply chains.
- Observers, including researcher Matt Stoller, warn that such policies could strain suppliers, potentially leading to business closures and supply chain disruptions.
- Other major retailers, including Walmart and Amazon, are also negotiating aggressively with suppliers to mitigate the impact of tariffs on consumer prices.