Categories: Illinois News

‘Like pawns on a chess board’: Trump’s proposed tariff threatens European wine industry, Chicago restaurants

CHICAGO (WGN) — First Canada, now the European Union: The escalating trade wars and reciprocal tariffs could pave the way for a devastating economic toll on Chicago businesses. 

Volo Restaurant Wine Bar and their vast wine list has been a Roscoe Village staple for the last 20 years. But owner Jon Young may have to slim down the selection of wines following a threat from President Donald Trump, who, on social media Thursday, proposed a 200% tariff on European wine, champagne, and spirits if the EU moves forward with a 50% hike on American Whiskey. 

“Just hearing that, it turns my stomach,” Young told WGN News. “When I hear news like this, I feel like we are kind of like pawns on a chess board.” 

Young’s business features wines from Spain, France, Italy, Germany, and Slovenia.

“Lots of Europe repped here,” he said.

The proposed 200% tariff on European wine was in response to steel and aluminium tariffs by the US, in what Young called another tit for tat move that could potentially impact people’s livelihoods.  

“I think it demonstrates a huge disconnect or even disregard for the average consumer and the average American,” Young said.  

The alcohol industry is thriving in the States, and Chris Swonger, the CEO of the Distilled Spirits Council, told Nexstar’s NewsNation that fair and reciprocal trade is vital. 

“We are working closely with the Trump administration and the EU and Canada to try to untangle this industry,” he said.

Still, Young feels President Trump’s proposed actions would harm the US wine industry more than benefit. 

“It’s going to drive down consumption of wine in the US,” he said.

For wine drinkers, Young added that enthusiasts cannot replace a French Chablis with a California Chardonnay, and the hope now is that Trump’s threat remains as such – a threat.

“Everyday it seems shocking,” Young said. “Today I woke up and guess what, this directly affects me. How long is it before it directly affects you?” 

rssfeeds-admin

Share
Published by
rssfeeds-admin

Recent Posts

Up to 80 Children Included in Michigan Pre-K Expansion Pilot

LANSING, MI (WOWO) Michigan is expanding its free pre-kindergarten initiative into home-based child care settings…

2 hours ago

AI Coding Agent Powered by Claude Opus 4.6 Deletes Production Database in 9 Seconds

A Cursor AI coding agent powered by Anthropic’s Claude Opus 4.6 deleted the entire production…

2 hours ago

Fort Wayne Legislators Raise Concerns Over Quarry Project

FORT WAYNE, IND. (WOWO) Opposition is mounting to a proposed limestone quarry development in Allen…

2 hours ago

Indiana Cracks Down on Illegal Drone Use in Rural Areas

INDIANAPOLIS, IND. (WOWO) Rural Indiana residents and state officials are confronting growing concerns over drone…

2 hours ago

‘Management failure’ and lack of training led to unauthorized contract, state officials say

Former Assistant Commissioner Paul Raymond had no experience with the prison system when he started…

2 hours ago

Another 98 units coming to Railyards in South End as project enters second phase

After a development handoff last year, construction will soon resume on one of the largest…

2 hours ago

This website uses cookies.