US chocolate prices surge amid soaring cocoa costs and tariffs

Price of cocoa - chocolate's key ingredient - has climbed over past year and tariffs on imports will keep prices high

For many Americans celebrating Easter, the holiday is incomplete without chocolate: chocolate bunnies and eggs, bars tucked into Easter baskets, candy hidden in plastic eggs for Easter egg hunts.

But rocketing cocoa costs will mean higher prices for chocolate candy this year, and Donald Trump's tariffs on all imports will likely keep prices high for the foreseeable future.