As the US imposes full tariffs on European imports, including French wine and champagne, the champagne glasses at a New York City champagne bar may soon be less full. The owner of the store said that in order to avoid price increases, he is considering reducing the amount of French wine per glass by about 10%, and he also plans to be honest with customers. “We'll explain what we're doing and even do some Instagram videos to discuss it,” he said. Earlier this week, Trump announced a 90-day suspension of “equal tariffs” 13 hours after they came into effect, affecting dozens of trading partners, including the European Union. While tariffs are suspended, most countries will still be subject to 10% tariffs. If a 20% tariff is imposed on EU goods, the boss plans to implement this move.

Zhitongcaijing · 04/11 15:57
As the US imposes full tariffs on European imports, including French wine and champagne, the champagne glasses at a New York City champagne bar may soon be less full. The owner of the store said that in order to avoid price increases, he is considering reducing the amount of French wine per glass by about 10%, and he also plans to be honest with customers. “We'll explain what we're doing and even do some Instagram videos to discuss it,” he said. Earlier this week, Trump announced a 90-day suspension of “equal tariffs” 13 hours after they came into effect, affecting dozens of trading partners, including the European Union. While tariffs are suspended, most countries will still be subject to 10% tariffs. If a 20% tariff is imposed on EU goods, the boss plans to implement this move.