Hot Topics Case Study: The Impact of US Tariffs on the Global Dairy Industry

This case study provides an overview of the changes that tariffs will exert on the global dairy industry.

The US announced plans to impose tariffs (of varying magnitudes) on almost all nations globally on April 2nd. These tariffs are scheduled to go into effect on July 9th. In addition to this, a trade war has erupted between China and the US, resulting in the US imposing 30% tariffs on Chinese goods, and China imposing 10% tariffs on US goods. These tariffs severely disrupt the international supply chains that many industries (including the dairy industry) rely on.

Scope

• Trade disputes between specific countries could benefit others. For example, China’s retaliatory tariffs on US dairy exports could result in other large dairy exporters.
• Retaliatory tariffs imposed on the US could result in a reduction in its access to foreign markets.
• Regional dairy industries that rely on US feedstock exports could face considerable increases in input costs due to the imposition of tariffs by the US.

Reasons to Buy

• Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
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• Access valuable strategic take-outs to help direct future decision-making and inform new product development.