Kerrygold maker slows its US investment on tariff war

Tariffs on agricultural products a challenge for the second-largest selling butter brand in the US

Ornua reported continued volume sales growth in the US in 2024, reaching a record number of US households, according to its results statement in April.

Kerrygold butter maker Ornua has slowed its US investment as it waits for more clarity on President Donald Trump’s trade settlement with the European Union.

“Volatility and uncertainty in the last six to 12 months has meant that we slowed down our activities, particularly in relation to investments in the US, until we get a better sense of things going forward,” Ornua chief executive Conor Galvin said on a panel in Dublin.