US Edition'Frightening': US Restaurants, Producers Face Trump Tariff Whiplash
- US President Donald Trump announced a 10% tariff on most trading partners, starting April 5, citing foreign trade practices as a national emergency.
- Brett Gitter, a manufacturer, reported that Chinese imports will soon face a total tariff rate of 54% starting April 9, adding to existing tariffs.
- Andrew Fortgang, a restaurant owner, expressed concern that a 20% tariff on European wines will significantly reduce sales, as 25% of his revenue comes from these imports.
- Ben Aneff, President of the US Wine Trade Alliance, criticized the tariffs as disastrous for small businesses, predicting that higher costs will ultimately affect consumer prices.
5 Articles
5 Articles
'Frightening': US Restaurants, Producers Face Trump Tariff Whiplash
From European wines to industrial tools, global tariffs launched by US President Donald Trump this week promise to sweep through the world's biggest economy, impacting everyone from restaurant owners to industrial manufacturers. For Brett Gitter, who makes his quality control instruments in China-based factories, Trump's planned tariff hike on goods from the country marks a further price surge to potentially startling levels for customers. "I ad…
U.S. restaurants are concerned about new tariffs - 04/04/2025
From European wines to industrial tools, the new tariffs announced on Wednesday (2) by President Donald Trump could affect the entire United States economy, including both restaurant owners and manufacturers. Read more (04/04/2025)
This is how Donald Trump’s new tariffs on producers and restaurants impact
From European wines to industrial tools, the new tariffs announced on Wednesday by President Donald Trump could disrupt the entire US economy, affecting both producers and restaurant owners and their customers.For Brett Gitter, who manufactures his quality control instruments in China, the tariff increase is another blow. “I add a surcharge at the end of each bill to cover the cost of customs duties,” he explained to AFP.Costa Rica loses its tra…
'Frightening': US Restaurants, Producers Face Tariff Whiplash
From European wines to industrial tools, global tariffs launched by US President Donald Trump this week promise to sweep through the world's biggest economy, impacting everyone from restaurant owners to industrial manufacturers.
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