Restaurants Will Feast on Trump’s Tariffs, Just Not Yet - News Summed Up

Restaurants Will Feast on Trump’s Tariffs, Just Not Yet


The last thing restaurants want is a food fight. The one emanating from Washington may be an exception, though. The response to President Trump’s imposition of tariffs on China, Mexico and other countries has hit American agriculture hard. Casual dining chains, which typically spend between 20% and 40% of revenue on food, have been pegged as beneficiaries. Analysts’...


Source: Wall Street Journal August 31, 2018 16:52 UTC



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