The consequences of US duties on Italian cheese exports

Mar 22, 2021 539

Due to a trade war that they had no part in triggering, Italian dairy producers have been forced to bear additional 25% duties on some of the most exported and valuable Italian cheeses in the US, losing competitiveness and shelf space in American distribution. In just one year, more than sixty million euros of turnover were lost.

“Thanks to the four-month suspension of tariffs, the first step – important but not definitive – has been taken for what will hopefully be a ‘trade peace’” – underlines the Italian dairy industry association Assolatte. “We have to keep working for the definitive elimination of additional duties.”

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SOURCE: https://news.italianfood.net/

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