NCBA Applauds Trump for Signing Agreement with EU Establishing Duty-Free Quota of US Beef ExportsFri, 02 Aug 2019 14:34:19 CDT
Jennifer Houston, President of the National Cattlemen’s Beef Association (NCBA), today joined President Trump and other NCBA officers at a White House signing ceremony for an agreement that will establish a duty-free quota for high-quality American beef in the European Union (EU).
Houston released the following statement after the event:
“Today is a good day for America’s cattlemen and cattlewomen. President Trump and his trade team deserve a lot of credit for standing up for America’s cattle industry and securing this important market access to Europe. For many years it has been difficult for us to sell our high-quality U.S. beef to European consumers because of the restrictive tariff and non-tariff barriers, but the establishment of this 35,000 metric ton duty-free quota sends the signal to America’s cattle industry that Europe is ready for U.S. beef. All across America, our beef producers go to great lengths to raise safe and delicious beef products that are enjoyed by consumers around the world. It is exciting to know that European families will enjoy more of the delicious U.S. beef that we feed our families. And this would not have happened if it were not for the effort of President Trump and his trade team.”
BACKGROUND: The Office of the United States Trade Representative announced the signing of an agreement with the European Union to establish a duty-free quota for high-quality U.S. beef from non-hormone treated cattle. Once implemented, the annual quota will increase from 18,500 metric tons in year one to 35,000 metric tons in year seven. The country-specific quota will benefit U.S. beef producers who participate in USDA’s non-hormone treated cattle program that was established in 1999. USTR estimates that this quota will increase annual U.S. beef sales in Europe from $150 million to $420 million in year seven.
Source - National Cattlemen’s Beef Association
WebReadyTM Powered by WireReady® NSI
Top Agricultural News