Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

US baby formula imports to ‘face tariffs again’ – Wall Street Journal

FoodBev Media 2023-01-06
Share       
Tag: nutrition

US-imported baby formula is likely to be subject to tariffs again after the expiry of exemptions that were implemented last year amid a nationwide shortage.

As the availability of powdered baby formula in US stores has improved in recent months, foreign providers that delivered last year are set to be subject to tariffs again.

The shortage which began due to pandemic-induced supply chain issues, worsened last year when the biggest US supplier, Abbott Laboratories, recalled some formulas due to safety concerns and closed a manufacturing plant.

Citing people familiar with the matter, Wall Street Journal said temporary exemptions will expire soon and foreign importers will face tariffs of up to 17.5%. Out-of-stock levels of powdered baby formula in US stores fell to 14% in October from 30% in July, according to market research company IRI.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

Lactase LAC100

Lactase LAC100

Sodium Lactate Powder 98%

Sodium Lactate Powder 98%

Angle Aeat Valve Accessory

Angle Aeat Valve Accessory

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121