New tariffs on European imports deliver another blow to restaurants
JESS LANDER The U.S. Trade Representative recently announced an expansion of tariffs on European wines, food and spirits, effectively delivering what could be a fatal blow to restaurants who are already struggling to keep their lights on during pandemic shutdowns and restrictions. The first round of tariffs implemented in 2019 on certain wines, foods and spirits from France, Germany, the U.K. and Spain was the Trump administrationâs response to longstanding E.U. subsidies made to French aircraft company Airbus, putting Boeing at a disadvantage. This latest retaliation, which ...