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Tariffs sparked by Airbus, Boeing subsidy fight suspended for four months


“We’re done with surprises. We need that stability and need to be able to plan and move forward with confidence that these aren’t going to come back into play,” Mr. Fortgang, a co-owner and wine director at his Portland restaurants, told The Washington Times.
Bottles that once cost Mr. Fortgang about $20 are now $25, and it only gets worse for the high-end beverages such as scotch and Burgundy. With names Le Pigeon and Canard, his restaurants have an unmistakable French bent, so he can’t just pour products from Australia or Chile.
“It’s not like a fungible thing you can just trade one for another. That’s not why people come,” he said. ....

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Trade truce as US suspends UK tariffs on whisky, wine and other goods


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This is a small first step for the hard-hit restaurant industry.
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Catch up on the developing stories making headlines.John Keeble/Getty Images, FILE
The United States has suspended its 25% tariffs on some United Kingdom exports including European wine, single malt Scotch whiskies, biscuits, clotted cream, and other goods.
The United Kingdom and the United States are undertaking a four-month tariff suspension to ease the burden on industry and take a bold, joint step towards resolving the longest running disputes at the World Trade Organization, the U.S. Trade Representative said in a joint statement. ....

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Struggling restaurants and chefs lobby to end 'insane' European food and wine tariffs


Struggling restaurants and chefs lobby to end ‘insane’ European food and wine tariffs
A new group called the Coalition to Stop Restaurant Tariffs is petitioning the incoming Biden administration.
In this photo taken Tuesday, Oct. 8, 2019, Parmigiano Reggiano Parmesan cheese wheels are stored in Noceto, near Parma, Italy.(Antonio Calanni)
Chefs and restaurant owners from around the country are joining forces to petition the incoming Biden administration to lift some of the financial burden from the struggling restaurant industry.
The Coalition to Stop Restaurant Tariffs, a newly formed group made up of some of the nation’s top chefs and restaurateurs, is making the case that tariffs on European food and wine imports are needlessly crippling already suffering businesses, and it’s time for them to be done away with. ....

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