CMB Policy & Market Insight – US Tariff Review Prioritises Dairy and Agriculture Issues

The United States has prioritised concerns related to dairy and agricultural products during the ongoing review of trade arrangements, signalling renewed pressure on market access and regulatory alignment in these sectors.

According to trade officials, the review process is focusing on long-standing barriers affecting US agricultural exports, particularly dairy products, where access to key overseas markets remains limited due to regulatory standards, certification requirements, and import controls. The US administration has indicated that addressing these constraints is essential for improving export competitiveness and supporting domestic farm incomes.

Agricultural products have emerged as a central component of the review, reflecting their strategic importance in bilateral trade balances. US officials have highlighted the need for greater transparency in sanitary and phytosanitary measures, simplified approval processes, and science-based regulations to ensure fair access for American farm goods.

Dairy remains a sensitive area, with the US pressing for wider acceptance of its production standards and reduced non-tariff barriers. Industry representatives argue that restrictive import policies in key markets continue to disadvantage US exporters, despite growing global demand for dairy products.

The review also covers broader agricultural supply chains, including grains, oilseeds, and processed food products. Officials noted that ensuring predictable trade rules and minimizing sudden policy shifts would be critical to stabilising farm prices and encouraging long-term investment.

Market participants view the renewed focus on agriculture as a signal that future trade negotiations may increasingly link tariff discussions with regulatory reforms. Any outcomes from the review could influence global agri-trade flows, particularly in markets where US exports compete directly with suppliers from Europe, South America, and Asia.

The US administration is expected to outline next steps after concluding stakeholder consultations, with agriculture and dairy likely to remain high on the trade agenda in the coming months.