Half Of Dutch Cheese Exports To Be Hit By US Trade Tariffs: Government
Roughly half of Dutch cheese exports to the United States will be affected by a 25% tariff Washington has threatened to slap on European food products, the Dutch Trade Ministry said on Friday.
The Netherlands, the world’s second-largest agricultural exporter after the United States, exported €80 million ($88 million) worth of cheese to the United States last year.
Around €39 million worth of cheese destined for US markets will fall under the new 25% tariff set to be implemented on 18 October, the ministry said in a statement.
Other countries have also complained that their cheese exports would be hurt.
On Wednesday the World Trade Organisation awarded Washington the right to impose tariffs on $7.5 billion (€6.83 billion) worth of EU goods annually in a long-running case, threatening to ignite a tit-for-tat transatlantic trade war.
The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.