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Trump's proposed European tariffs could be painful for Americans who love cheese, wine, and olive oil, and industry experts estimate that close to 100,000 jobs could be affected

Trump's proposed European tariffs could be painful for Americans who love cheese, wine, and olive oil, and industry experts estimate that close to 100,000 jobs could be affected
Shoshy Ciment/Business Insider



The US has proposed tariffs on dozens of European goods like cheese, wine, and olive oil.




If implemented, these tariffs could force prices on these products to skyrocket.




Industry insiders estimate that the tariffs could affect close to 100,000 jobs in the cheese and wine worlds alone.




Visit Business Insider's homepage for more stories.



There might be some sad news in the near future for cheese and wine lovers — not to mention close to 100,000 workers in those industries.
The US has proposed retaliatory tariffs on dozens of European products in response to the European Union's subsidies to Airbus, Boeing's European rival. The World Trade Organization ruled the transactions illegal in May 2018.
Both the US and the EU are waiting on a WTO decision regarding the tariffs. But while airplane manufacturers are on the front lines of this trade war, the food industry is being caught in the crossfire.
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