Trump Tariffs Will Deprive Americans of European Delicacies

The article highlights the potential impact of a 25% import duty proposed by US President Donald Trump on various products from the European Union. The tariffs could make these products, including cheeses, wines, meat products, olive oil, and other delicacies, unaffordable for American consumers. Specific examples are given of price increases for Parmesan cheese and champagne, with the possibility of these products being available only to the wealthy. European producers warn of significant price hikes and the need to seek other markets. The article also notes that American consumers would face increased costs for Italian delicacies, totaling an additional €2 billion.

If US President Donald Trump introduces import duties on products from the European Union, they will become unaffordable for Americans. This is reported by the Financial Times. We are talking about 25 percent tariffs. In particular, problems may arise with the supply of cheeses and wines (including parmesan and champagne). Rabobank also named both of these products as those that will suffer the most from the introduction of duties. Difficulties with the sale of meat products such as prosciutto, olive oil, and other delicacies are also not ruled out. The publication also cites European producers themselves, who warn that with the introduction of such a tough measure, the prices for these and other products will become unaffordable for most ordinary residents of the States. In particular, Filippo Marchi, CEO of the Italian dairy company and a major exporter of parmesan (including to the USA) Granarolo believes that there may be very noticeable negative consequences for the sales ...