Items Tagged with 'tariffs'

I anxiously awaited the Liberation Day announcement thinking we would finally “know” what was going to happen, but I quickly realized that the announcement made that day was just the first move in a long and intense chess game, or it was just the lighting of a fuse and we have no idea how long that fuse is or what it is attached to. 

Becky Rasdall Vargas, senior vice president of trade and workforce policy at the International Dairy Foods Association (IDFA), joins us for Episode 52 of the “Let’s Talk Dairy” podcast to discuss “Tariffs and Supply Chain Challenges.” Based in Washington, D.C., the IDFA, since 1990, represents the dairy manufacturing industry including cheese, milk and ice cream processors. 

"We are glad to see the administration focusing on long-time barriers to trade that the European Union and India have imposed on our exports. The administration has rightly noted both countries’ penchants for restricting sales of American products,” said Gregg Doud, President and CEO of the National Milk Producers Federation.

“IDFA supports the Trump Administration’s efforts to hold trading partners accountable and expand market access for U.S. dairy. However, broad and prolonged tariffs on our top trading partners and growing markets will risk undermining our investments, raising costs for American businesses and consumers, and creating uncertainty for American dairy farmers and rural communities," said IDFA' Becky Rasdall Vargas.

We are setting up for an interesting and potentially volatile dairy market in 2025.