Cheese Exporters Expected to Benefit From Chinese Tariff Cuts
Chinese tariffs on many food and consumer goods will fall on Dec. 1, including a tariff drop from 12 percent to 8 percent on cheese, the U.S. Dairy Export Council (USDEC) said Nov. 27. While China is on pace to…
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become the world’s largest cheese importer in the next few years, U.S. suppliers have recently lost market share in that nation. "USDEC recognizes that the U.S. remains at a disadvantage not only in China but in other countries when it comes to tariffs due to lack of U.S. free trade agreements,” USDEC Senior Vice President for Trade Policy Jaime Castaneda said in a statement. “We are committed to finding ways to recoup that competitive disadvantage.” The tariff drops include four Harmonized System (HS) codes applied by China that cover cheese, and two categories of products with dairy ingredients -- hydrolyzed protein formula for people with special nutritional needs (HS 2106.90.90) was lowered from 20 percent to zero, and prepackaged infant foods (HS 1901.10.90) was lowered from 15 percent to 2 percent.