🇺🇸 TRUMP’S 30% EU TARIFF: A GIFT TO MEGABRANDS

Small exporters say they’re toast if the tariff on EU imports takes effect on Aug 1.

They fear that U.S buyers will ditch them as prices could spike 50%, and sales might be slashed in half.

Meanwhile, big brands? They’ll hoard the shelf space like it’s Black Friday.

Attilio Zenett, CEO of Grana Padano: “It gives a lot of uncertainty and does not allow us to organise a real strategy.”

Get ready to pay more for worse cheese.

Source: CNBC