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Americans Could See Cheaper Brie With European Imports Surging
Photographer: Alessia Pierdomenico/Bloomberg
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Boatloads of European cheeses are coming to the U.S. because of easing tariffs, meaning Americans could soon see cheaper prices on favorites like Parmigiano Reggiano and Brie.
Imports of European cheeses have nearly doubled from a year ago since tariffs were lifted in March, and according to the latest data, are up 143% in June alone. The tariffs were originally placed in retaliation for subsidies given to Airbus SE, said Nate Donnay, director of dairy market insight at StoneX Group.