President Trump is slapping 30% tariffs on goods from the European Union, including cheese. One cheese maker in Michigan is hoping to take advantage.
Breakdown
- The U.S. has imposed a 30% tariff on European Union goods, including cheese. 20s
- Michigan-based Reny-Picot plans to increase cheese production to meet potential demand. 57s
- Grocers are sourcing more American-made cheese as import prices rise. 1m 12s
- U.S. cheese makers face challenges due to limited domestic brie production and reliance on imported materials. 1m 34s
- Domestic cheese sales are increasing while imported cheese sales are declining. 2m 7s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.