ICOS have questioned the commitment of the United States to negotiating a fair and balanced dairy deal after it introduced additional duties on butter to the tune of an extra $.51 cents a kilo.
This move increases the tariff on EU butter, and in particular to us our key cooperative Kerrygold brand by almost a third.
The tariff comes into effect immediately, and affects all countries without a free trade pact with the US and will run to at least the end of December 2015.
Current tariffs on this key dairy category for Ireland now stand at a whopping $2.05 a kilo.
To read the rest of the story, please go to: ICOS, the Irish Co-operative Organisation Society