Your last point is even more confusing, why would the fact that chedder and blue cheese originate from England have anything to do with this? It's like random trivia you interlaced here, it's very strange. I can't seem to grok it.
Europe exports $2.8bn of dairy to the US. The reverse is only $167m of trade.
I've tried many kinds of the imported European cheese, I enjoy the variety and gimicky stuff, one noteworthy one was this coffee cheese which was surprisingly tasty. Ultimately it sits right next to an equally diverse array of domestic cheese brands which are of the same quality. "New York Steakhouse" usually makes my favorites.
However Kraft and Velveeta are usually in their own section with the sealed imported cold cuts that taste like plastic. It would be ignorant for me to judge Euros on those but I guess many Euros do exactly that when they see Kraft? It's like space food. Real cheese is purchased at the deli counter or in chunks.