Kerrygold sales surge in the US after ‘punitive’ 25% tariff on EU butter is suspended

Ornua, the Irish dairy co-op, saw double-digit sales volume growth in 2021 for its flagship Kerrygold butter brand after the US government suspended a “punitive” 25 per cent import tariff on all European butter that was originally imposed by the Trump administration.

Announcing full year results on Wednesday, Ornua said sales volumes of Kerrygold branded butter increased 12 per cent last year in the US market after the 25 per cent import tariff was removed ...