Saturday 27 February 2021
Home EU European dairy industry wants to get rid of American import fine on cheese

European dairy industry wants to get rid of American import fine on cheese

The European dairy industry association EDA has asked the new US president Joe Biden to lift the recently introduced import duties on European cheese. European dairies and American cheese importers are complaining about serious economic damage from the new tax.

The World Trade Organization (WTO) had imposed punitive tariffs on the United States late last year because the EU over-subsidized its aircraft manufacturer Airbus. The US importers complained in a letter to Biden that the penalties for cheese are still unfair.

In addition, the EDA draws attention to the already dire situation of the dairies as a result of Corona and emphasized the losses to US consumers due to expensive cheese imports.

The new American president is asked to remove cheese from the sanctions list. The EU is counting on an affable settlement of the trade dispute over the aircraft subsidies and hopes after the change of president that the US will be more willing to find an amicable solution.

Joe Biden has already said that he will do a number of things differently in his international trade policy. As a first step, he wants to have the US join the Paris Climate Convention again. He also wants to use the EU to take more action against the growing Chinese expansion.

The export of European cheese has grown again in the past year, also to the US. Little is noticeable of the corona crisis in cheese export figures outside Europe. Export volumes in the first 3 quarters were significantly higher than in other years.

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