A post on the bar’s Facebook page said: “It will take small acts of protest in every part of the world to confront these idiotic, pigheaded policies.”
Mr Wood said the senior team at Plonkers spoke about the plan and decided “it was a stand that we all felt was right”.
“Just about everybody is poorer today than we were two or three weeks ago,” he added.
“People may not necessarily invest in the stock market, but you can bet your pension will be impacted.”
He added that the response to the announcement had been “much more positive than I expected it would be”.
President Trump argues that tariffs will boost US manufacturing and protect jobs, but the world economy has been thrown into chaos and prices are expected to rise for consumers.
He said tariffs would encourage US consumers to buy more American-made goods, increase the amount of tax raised and lead to huge levels of investment in the country.
Trump wants to reduce the gap between the value of goods the US buys from other countries and the value of those it sells to them. He argues that America has been taken advantage of by “cheaters” and “pillaged” by foreigners.