Finally a beautiful and sunny spring Sunday!
With regards to the ongoing trade war, yesterday I have heard that many EU and China politicians and economics experts warned about higher tariffs that will likely add to inflaction. Actually, I know that liquor and wine sold at restaurants, which are located in the United States, is mainly imported from Europe. This means that American restaurants' owners will not have enough margin of profit due to Trump's trade war. I also think many Amercan farmers will face the same problem because of rising price of ferlitizers, which are imported from Canada and Saudi Arabia and Qatar.
In my humble opinion, retailers have to contact their customers about the impact of new tariffs. Not to mention of the sharp stock markets sell-off triggered by Trump's aggressive tariff rollout.
Happy Sunday everyone 🌼☀🌺
