Critics of trade wars point out that tariffs are effectively a tax on consumers, as they make imports more expensive. And if America really does impose this 1o0% tariff, it could mean less French champagne and quality cheese is quaffed and scoffed in the States. Paul Donovan of UBS fears that Camembert will be off the menu, replaced with processed cheese .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
yea like the middle class can afford 'French Champagne' or cheese. don't import it , we have our own and much cheaper.