Bid to remove US import tariffs on baby formula isn't a silver bullet

Non tariff barriers are also key says DCANZ. (Image: Getty)

Fri, 30 Jun 2023

A United States bipartisan bill that looks to remove a 17.5% import tariff on baby formula is positive but not a silver bullet, the Dairy Companies Association of New Zealand says. DCANZ'S executive director, Kimberly Crewther, told BusinessDesk that removing non-tariff barriers to trade will be as important as removing the tariffs, if the US is to build a more resilient infant formula market.On June 1, four US politicians introduced the bipartisan bill to “permanently waive tariffs and ease trade barriers on infant formula"...

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