References 487% CONFIDENCEOverall confidence: 87%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better

The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.

• [1]90%
  thehersheycompany.com/en_us/home/newsroom/press-release/2025-11-14-Hershey-Welcomes-Cocoa-Tariff-Exemption,-Protecting-American-Jobs-and-Manufacturing.html

  thehersheycompany.com· Posted Sep 24, 2026· Starts Nov 14, 2025 ✓· 56% of score

  Stated as firm: the White House^[2] published the order "Modifying the Scope of the Reciprocal Tariff with Respect to Certain Agricultural Products" on November 14, 2025, and Hershey's statement welcoming "the Trump administration's decision to exempt cocoa" is stamped "Fri, 14 Nov 2025 16:59:00 -0500".

• [2]90%
  Modifying the Scope of the Reciprocal Tariff with Respect to Certain Agricultural Products

  whitehouse.gov· Published Nov 14, 2025· 17% of score

  The executive order itself: "certain agricultural products shall not be subject to the reciprocal tariff imposed under Executive Order 14257", effective for goods entered "on or after 12:01 a.m. eastern standard time on November 13, 2025", with refunds processed by CBP.^[1]

• [3]75%
  The Hershey Company Form 10-Q, quarter ended September 28, 2025

  sec.gov· Published Oct 30, 2025· 16% of score

  Hershey's Q3 2025 10-Q: gross margin 32.6% against 41.3% a year earlier, "driven by unfavorable commodity and tariff costs"; the company expected tariff expense to hurt full-year results.^[1]

• [4]85%
  Hershey to raise candy prices by double digits amid elevated cocoa costs

  fooddive.com· Published Jul 23, 2025· 11% of score

  Food Dive: Hershey told retailers the week before about double-digit price increases, blaming the "unprecedented cost of cocoa" and not tariffs; it had asked the White House^[2] in May to exempt cocoa from tariffs and expected tariffs to cost $15-20 million in the second quarter.

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