News

New Tax on Molasses and Beet Pulp from US will Make Animal Feeds More Expensive

Government compensation for the increased costs of importing animal feeds such as beet pulp and cane molasses from the USA has been refused.

Since November 10, 2020, there has been a 25 per cent EU import duty increase on beet pulp and molasses. 

The tariffs are part of a 16-year-old row over government aid to the US and EU aircraft industries, in what is estimated to be the world’s largest-ever corporate trade dispute. 

It is the second time in 12 months that the Irish agri-food industry has been caught up in the Airbus-Being trade war crossfire. 

LSL News.

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