Shelf Talk: Food and tariffs, changing Chinese tastes, industry stats, and more
shelftalk.substack.com
Food & International Trade "A 15-year fight over airplane subsidies is going to raise the cost of Parmesan cheese, French wine and Scotch whisky." The U.S. argued that the EU's subsidies and financing for Airbus has allowed it to sell products at unfairly low prices, hurting Boeing. "So the Americans brought a case against the Europeans at the World Trade Organization.... [which] handed down the final decision in that case, giving the Trump administration the green light to impose tariffs on up to $7.5 billion of European products annually." There will be a 25% tax at the border on European items, including a lot of food: "French wine. Olives, virgin olive oil, cherries, oranges and lemons from Spain. Pork sausages and roasted coffee from Germany. Italian cheeses like pecorino, Parmesan and provolone. Stilton cheese, sweet biscuits and Scotch whiskies from Britain.” (
Shelf Talk: Food and tariffs, changing Chinese tastes, industry stats, and more
Shelf Talk: Food and tariffs, changing…
Shelf Talk: Food and tariffs, changing Chinese tastes, industry stats, and more
Food & International Trade "A 15-year fight over airplane subsidies is going to raise the cost of Parmesan cheese, French wine and Scotch whisky." The U.S. argued that the EU's subsidies and financing for Airbus has allowed it to sell products at unfairly low prices, hurting Boeing. "So the Americans brought a case against the Europeans at the World Trade Organization.... [which] handed down the final decision in that case, giving the Trump administration the green light to impose tariffs on up to $7.5 billion of European products annually." There will be a 25% tax at the border on European items, including a lot of food: "French wine. Olives, virgin olive oil, cherries, oranges and lemons from Spain. Pork sausages and roasted coffee from Germany. Italian cheeses like pecorino, Parmesan and provolone. Stilton cheese, sweet biscuits and Scotch whiskies from Britain.” (