Articles Tagged with ''dairy trade''

The United States currently faces a 5% tariff on dairy products to Indonesia, IDFA noted. New Zealand and Australia benefit from low or zero tariffs on dairy products as a result of preferential trade agreements with Indonesia.

On Sept. 25, President Donald Trump and Prime Minister Shinzo Abe of Japan reached two agreements to rebalance trade between the two nations.

The U.S. Dairy Export Council and the National Milk Producers Federation said they joined other agriculture groups and members of Congress from both sides of the aisle at a rally to tout the trade benefits of USMCA.

Japan represents a major opportunity to expand growth

During a press conference, the U.S. Chamber of Commerce called on Congress to pass USMCA.

The measures include payments and purchases to benefit the dairy industry.

The action will bolster chances of USMCA’s passage.

U.S. specialty dairy manufacturers would be among the winners.