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Valentine's Day prices soar to 'crisis levels' under Trump: analyst

President Donald Trump's tariffs have hit an important product ahead of Valentine's Day — chocolate.

CNN reporter Matt Egan described why chocolate prices have soared more than 14% higher than the more than 7% price hike compared to 2025. But it's not only chocolate prices that are climbing as a result of Trump's tariffs and inflation, plus other international factors.

"The problem started with a shortage of the main ingredient in chocolate cocoa beans, extreme weather in West Africa, where most of the cocoa on the planet comes from, caused bad harvests," Egan said. ...

Feb 13, 2026

With cocoa prices rising, will that chocolate bar cost more?

Since the price of a ton of raw cocoa on the London commodity exchange recently climbed to a record high of just under €5,500 ($5,960), chocolate fans have reason to be alarmed. Just a year ago it was €2,500 and last month it was €4,000. "A kilo of cocoa is almost €3 more expensive than it was a year ago," a spokesman for the German chocolate manufacturer Ritter Sport said. "Anyone can work out for themselves what this means for the production costs of a 100-gram chocolate bar, which contains between 35% and 70% cocoa, but we are currently assessing the situation as a whole," he said. The comp......

Feb 25, 2024

All 7 victims have been identified in massive chocolate factory explosion in Pennsylvania

PHILADELPHIA — The Berks County Coroner's Office on Wednesday released the names of the remaining victims of the explosion at the R.M. Palmer chocolate factory in West Reading that killed seven people. The remaining five were identified as: Xiorky D. Nunez, 30, of Reading; Susan H. Halvonik, 63, of Upper Providence Township; Michael D. Breedy, 62, of Marion Township; Diana M. Cedeno, 44, of Reading; and Judith Lopez-Moran, 55, of Reading. On Monday, the coroner's office identified Amy S. Sandoe, 49, of Ephrata, and Domingo Cruz, 60, of Reading, as the two other people killed on Friday in the m......

Mar 30, 2023

Fur flies in battle of chocolate bunnies

VIENNA (Reuters Life!) - An Austrian chocolate company vowed on Tuesday to appeal a ruling by a Vienna court that stops it from producing Easter bunnies resembling those made by Switzerland's Lindt & Spruengli.

Apr 05, 2011

All posts tagged "Chocolate"

Valentine's Day prices soar to 'crisis levels' under Trump: analyst

With cocoa prices rising, will that chocolate bar cost more?

All 7 victims have been identified in massive chocolate factory explosion in Pennsylvania

Fur flies in battle of chocolate bunnies

Stay ahead of the political news cycle.

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All posts tagged "Chocolate"

Valentine's Day prices soar to 'crisis levels' under Trump: analyst

With cocoa prices rising, will that chocolate bar cost more?

All 7 victims have been identified in massive chocolate factory explosion in Pennsylvania

Fur flies in battle of chocolate bunnies

Stay ahead of the political news cycle.