Biden Administration praised for halt on European wine, food tariffs

American trade officials this month suspended tariffs on certain European foods and wines that raised or threatened to push up restaurant prices and cut jobs and profits.

The announcement brought a sigh of relief to some Arizona business owners.

“It’s definitely good news,” said Phoenix restaurateur Chris Bianco, who was among a group of restaurant owners who earlier signed a letter urging relaxation of the tariffs.

The industry already was facing tight profit margins and rising costs for a host of other expenses ranging from rent to insurance to labor, Bianco said. Restaurants often don’t have the luxury of passing on food price increases, he added, especially when customers don’t understand — or necessarily care — where they’re coming from.

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