Statement from Michael Dykes, D.V.M., President & CEO of the International Dairy Foods Association (IDFA), on Signing of Phase One U.S.-China Deal
By Michael Dykes
Jan. 15, 2020
WASHINGTON, Jan. 15, 2020 —“Today, the two most powerful economies in the world began to restore a positive, mutually beneficial trade relationship, and dairy producers and processors across the United States are grateful. To put the importance of this development in perspective for America’s dairy industry: Over the next decade, China represents a $23 billion market opportunity for U.S. dairy, and it is essential to our producers and companies that we have a trade relationship with China that further levels the playing field for American dairy and provides expanded market access for our growing industry.
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