President Donald Trump's threat to impose a 200 % tariff may affect European wine and lives on some small companies in Chicago.
Menfora Wine Merchants is approaching for five years in Oak Park, but its owner said that adding definitions may be devastating to this work that sells European wine, most of which is from Italy.
The owner Adrian Wesel said: “If the president's threat actually continues, it is possible that he will get us out of work.”
On Thursday, President Trump wrote in a position on the social truth: “The European Union has put a 50 percent bad tariff on whiskeys. If it is not removed immediately, the United States will shortly after a 200 percent tariff on all wine, and Champagne and alcohol products that come out of France and other European Union countries will take.”
The Trump administration claims that the customs tariff will eventually have a positive impact on the economy, but Wesel does not agree.
“Not all independent importers will be able to overcome this,” Wesel said. “Not all retailers and small restaurants will be able to overcome them. So you will only leave with large blocs, and large companies that limit options and receive a lot,” Wesel said. “We all have passed an inflation epidemic. It is just something that will harm small companies.”
The United States is the largest importer of wine in champagne. Last year, the United States imported wine of $ 6.79 billion from 73 different countries, according to Fintor.
It hopes that the tariff threats are not a deal.
“I hope it is just a theater. The threat is used more to get something. Maybe he wants to look like it cut a kind of deal and it will not happen, but I don't know what is happening.”
