India
Surging cheese and butterfat exports are a bright spot for U.S. dairy farmers, but ongoing trade negotiations may stand in the way of even greater gains.
Global demand for U.S. cheese is accelerating, driven by expanding international markets and evolving consumer tastes. At the same time, trade negotiations and tariff policies remain key factors shaping the future of dairy exports.
Before the White House’s 90-day pause on higher tariffs for other countries expires on July 9, India is one country rushing to negotiate a trade deal with the U.S.
India likely to continue to protect its dairy industry from imports.
These customized levies, expected to be finalized by April, are designed to rebalance trade relationships and target unfair practices, including subsidies, regulations, and exchange rate manipulation.
The fifth largest economy could overtake China in a few years to become the world’s most populous.