When Joe Biden becomes the 46th president of the US in January, many will look to a rebooting of relationships with the US including Irish farmers. President Trump had a major issue with countries and regions that exported more to the US than they imported. China was at the top of this list but the EU was on it too and, on several occasions, tariffs were threatened before being imposed following the WTO ruling in favour of the US in the Boeing–Airbus dispute. This led to the US imposing a range of tariffs including 25% on dairy imports from the EU, a cost to the Irish dairy industry and farmers.
This week, the EU retaliated having also secured a ruling in its favour in the aircraft dispute and announced tariffs at the same rate on a range of US products entering the EU, including agricultural and industrial products from wheat to tractors. There had been a view that these would be delayed until negotiations took place with the new administration but they became effective this week.