USA-China Trade/Cheese

Escalating trade tension with China hits American cheese makers

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Shotlist


Wisconsin, USA - Recent (CGTN - No access Chinese mainland)
1. Statue of cow
2. Sign of Dairy cow farm
3. Various of cheese
4. SOUNDBITE (English) Blair Wilson, Vice President of Marketing, Sartori Cheese:
"It's compressing our margins. It's making that business unprofitable."
5. Various of cows
6. SOUNDBITE (English) John Umhoefer, Executive Director, Wisconsin Cheese Makers Association:
"Our goal is to increase exports and we want great trading parters and we want to grow exports. So this is not good for Wisconsin."
7. Various of grassland
8. SOUNDBITE (English) Blair Wilson, Vice President of Marketing, Sartori Cheese:
"This level of volatility makes it difficult from a planning aspect to make sure that we're being profitable and doing the right things for our family farms."
9. Various of grassland
10. SOUNDBITE (English) John Umhoefer, Executive Director, Wisconsin Cheese Makers Association:
"It's not good but we're hoping that it's temporary. We're hoping that it's a part of the negotiation and as it moves forward the tariffs will not stay at this level."
11. Various of cheese
12. SOUNDBITE (English) Blair Wilson, Vice President of Marketing, Sartori Cheese:
"My hope is that really free trade will carry the day."

FILE: New York, USA - Date Unknown (CCTV - No access Chinese mainland)
13.Various of cows in dairy barn
14. Various of milking machine in operation
15. Cows grazing

Storyline


The escalating trade tension between the United States and China has hit many American cheese makers.

Among the counters unleashed by China against the United States are higher duties on American cheese. This comes on top of already-high tariffs on U.S. dairy bound for Canada. Big dairy states like Wisconsin are nervous over how and when this trade war will end.

Blair Wilson works for a fourth generation family-owned company -- Sartori, which is known for making gourmet cheeses.

One-tenth of Sartori's revenues comes from cheese exports and, as with other cheese makers, that number has been rising. But tariffs of up to 25 percent, just imposed by Mexico and China, two of America's largest cheese export markets, threaten to sour the situation.

"It's compressing our margins. It's making that business unprofitable," said Wilson, vice president of marketing of Sartori Cheese.

"Our goal is to increase exports and we want great trading partners and we want to grow exports. So this is not good for Wisconsin," said John Umhoefer, executive director of the Wisconsin Cheese Makers Association.

Umhoefer said more expensive U.S. cheese will only cause more cheese to pile up unsold and further depress the already low milk prices. He also worries that China, which bought 50 million U.S. dollars worth of Wisconsin dairy products last year, will look for other suppliers because of the trade tension. If so, the cheese producers in Wisconsin also have to look for new customers.

"This level of volatility makes it difficult from a planning aspect to make sure that we're being profitable and doing the right things for our family farms," said Wilson.

Many in Wisconsin are sympathetic with U.S. President Donald Trump's attempts to redress what he sees as trade imbalances. But they don't want to see the tariffs drag on.

"It's not good but we're hoping that it's temporary. We're hoping that it's a part of the negotiation and as it moves forward the tariffs will not stay at this level," said Umhoefer.

"My hope is that really free trade will carry the day," said Wilson.




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  • ID : 8085257
  • Published : 2018-07-12 14:15
  • Last Modified : 2018-07-12 20:30:56
  • Location : United States
  • Category : economy, business and finance
  • Duration : 1'33
  • Audio Language : English/Nats/Part Mute
  • Source : China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8085257
  • Published : 2018-07-12 20:30
  • Last Modified : 2018-07-12 20:30:56
  • Location : Estados Unidos
  • Category : economy, business and finance
  • Duration : 1'33
  • Audio Language : inglés/Nats/Parte Muda
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
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