American milk producers want higher tariffs on foreign butter.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The National Milk Producers Federation says that in the first seven months of 2004, imports of butter products rose 89% from last year. According to the US Department of Agriculture, imports through September were 13,888 tonnes, or 101% of the pre-determined safeguard level.
Once total imports reach that threshold, the US government can impose higher-than-normal tariffs on butter products under international trade rules. The government is likely to comply, since it took similar action two years ago, raising safeguard tariffs on American-type cheese products.
Virginia-based NMPF represents nearly 50,000 producers who produce most of the nation’s dairy products.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
