Ornua’s Kerrygold hit with €50m in US tariffs in Trump trade war - News Summed Up

Ornua’s Kerrygold hit with €50m in US tariffs in Trump trade war


Photo: Carolyn Kaster/APOrnua paid around €50m in US tariffs last year after Kerrygold butter got caught up in a long-running transatlantic trade war. “In essence, this was a tariff on Kerrygold,” Ornua’s CEO John Jordan told the Irish Independent. “We scan through faster than Coca-Cola’s biggest selling line,” said Mr Jordan. In all its markets - the US, UK and Ireland - Kerrygold butter continues to sell at a premium. And that should be good news at the farm gate, Mr Jordan said.


Source: Irish Independent March 17, 2021 18:45 UTC



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