New Trump tariffs to hit Irish dairy and drink sectors
Kerrygold and Baileys among brands to be affected by $7.5 billion of levies on European exports
The plan includes a 25 per cent levy on a range of items including butter, yogurt, cheese, wine, olives and certain pork products.
The duties would take effect on October 18. The goal of the Trump administration in imposing retaliatory duties is to persuade the European Union to reach a negotiated settlement, according to a senior US trade official.
Ornua, the owner of Kerrygold, the US’s second best-selling butter brand, called the potential new tariff an “unwelcome...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures