Looming Tariffs Whet Appetite for Delicacies

Wall Street Journal, March 31, 2009

“The ultimate loser is the consumer,” said Matt Caputo, owner of Caputo’s, a specialty-food retailer in Salt Lake City that specializes in Italian and Southern European products. Mr. Caputo, who recently ordered a year’s worth of chocolates and 10 times his usual volume of Italian mineral waters in anticipation of higher prices, said he has collected more than 600 signatures on a petition protesting the tariffs that he plans to send to the White House.

Nestle Waters North America, which imports San Pellegrino, has asked the U.S. Court of International Trade for a preliminary injunction to block the tariff on Italian mineral water.

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