The T.C. Jacoby Weekly Market Report: Week Ending May 17
The United States, Mexico, and Canada have reportedly reached a deal to waive the Trump
administration’s Section 232 steel and aluminum tariffs. That’s great news for dairy. The metals tariffs
prompted Mexico to retaliate with a 10% tariff on U.S. cheese imports, and it’s likely that Mexico will
drop the punitive border tax. Read the full report here:
For more information, go to https://www.jacoby.com/
Ted Jacoby III is the President and CEO of T.C. Jacoby & Company, a major North American dairy product trading company. Prior to joining the firm in 1996, Jacoby worked in dairy plants specializing in fluid milk and cheese processing. He became manager of the company’s Trading Group in 2010 and moved into the role of President and CEO in December 2015. He holds a food science degree from Cornell University and an MBA from Washington University in St. Louis.