Any new trade tariff is an unwelcome barrier to doing business and will have a significant cost impact on Ornua’s business, a spokesperson for the co-op has said.

“Disappointingly our co-operative is one of many EU exporters that have become caught up in a tariff dispute that is outside of our control, originating in the civil aviation sector.

“If this tariff cost cannot be recovered in the market, it will negatively impact our supply chain. In anticipation of the WTO’s decision, we have been preparing our business by having appropriate risk mitigation measures in place,” the spokesperson said.

Ornua is urging both parties to reconsider the impact of these tariffs and has renewed calls for a settlement to be reached that does not affect companies and brands that are not directly involved in any aspect of this dispute.

Targets

On Thursday it was announced that Irish butter, cheese, liqueurs and pork products are among the items from the EU that are to be hit with new US tariffs.

These tariffs come off the back of a World Trade Organisation (WTO) ruling which said the US had the right to target $7.5bn a year of EU imports because it provided illegal support to plane maker Airbus.

As a major exporter of dairy and whiskey to the US, Ireland is right in the firing line should these tariffs be implemented.

Irish dairy to be hit by Trump tariff

Every effort must be made to avoid US tariffs - Healy

US tariffs an ‘unwelcome barrier’ to doing business – Ornua

On Thursday it was announced that Irish butter, cheese, liqueurs and pork products are among the items from the EU that are to be hit with new US tariffs.