United States

Fine food buyers in stockpiling frenzy before Trump tariffs start

These are not your average hoarders. Purveyors of fine culinary goods are racing to stockpile European imports in anticipation of Trump administration tariffs that threaten to more than double the price of everything from French wines to Italian cheeses. “We need to make sure we can get through the summer,” explained Jeff Zacharia of the thousands of extra cases of imported wines he‘s purchasing for Zachys, a third-generation wine shop in Scarsdale, NY, since the tariffs were threatened last month. Among the wines he’s stockpiling is a Whispering Angel rosé from France that now costs $22 a bottle, but which could cost as much as $55 a bottle under the new tariffs, Zachery said. “People’s favorite rosés, Chianti Classic ...