The recent tariff announcement by President Donald Trump is causing turmoil in New York’s financial markets and among local businesses, particularly in the food and beverage sector. With tariffs between 20% to 46% on imported goods, New Yorkers may face higher prices for food and drinks, especially items not made in the U.S. Eater NY interviewed local companies like Gustiamo, an Italian import firm, and Amuninni, a wine importer, to gauge their reactions and predict how these tariffs will impact their operations and customer prices.
Anyone who knows me here and knows what I do have stopped me in the street, asking me questions like, "WHAT are you guys doing?" They can't believe it.
The tariffs are expected to increase the cost of food and drink for New Yorkers, particularly items not produced in the U.S.
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