Did Farmers Export Beef to Europe Before Trump Took Office
US, EU Sign Beefiness Deal
Trump Touts Greater Potential Duty-Free Beef Sales Into Europe
OMAHA (DTN) -- President Donald Trump and European Union officials signed an agreement Friday at the White House that will nearly triple the volume of duty-free beef exports to Europe over time.
Trump made the declaration surrounded by members of his administration and representatives from the National Cattlemen's Beefiness Association and U.South. Meat Export Federation. Trump said Europe had not been treating U.Southward. beef producers fairly.
"This is a tremendous victory for American farmers, ranchers and, of course, European consumers because American beef is the all-time in the globe," the president said.
Trump said duty-free beef exports to the EU will increment by 46%. Over seven years, they volition increase another 90%. By full implementation, the president said, duty-gratuitous exports of U.S. beef will increase from $150 million to $420 million.
The president used the event to stress his assistants is standing up for farmers. He pointed to the ongoing merchandise dispute with Cathay. He cited Japan now allowing U.S. beef from older cattle, equally well as opening up beefiness markets in areas such as Morocco and Australia. And the president pointed to $28 billion in aid that has come up from his administration considering of retaliatory tariffs, largely from China.
"They (U.Southward. farmers and ranchers) were targeted, and nosotros took care of our farmers and ranchers," Trump said, adding farmers are "not bad patriots" that are "e'er targeted outset" in trade disputes. "They are ever targeted, only nosotros take that target off their backs."
The understanding, which has been in the works for months, allows the U.South. a guaranteed portion of duty-complimentary access into the EU for hormone-free beef. The American Farm Bureau Federation highlighted reports back in March that the agreement was shut to being finalized.
Jennifer Houston, president of NCBA, said information technology was neat day for American cattle producers, and she thanked Trump for making the agreement happen.
"For years, it has been difficult for us to get admission to the European Union considering of some non-tariff and restrictive tariff trade practices," Houston said.
Sen John Hoeven, R-North.D., spoke virtually access to markets and credited the president and his team for increasing market access, also as providing more direct aid to producers.
"USDA and the assistants are continuing up for our farmers while they are negotiating these kinds of agreements," Hoeven said.
Europe and the U.S. have battled over hormones in beef since the late 1980s, which included a case before the Globe Trade Organization that the U.S. won but the European Matrimony failed to bide by. The EU so pushed for another WTO example confronting retaliatory measures put in place past the U.S. and Canada because the EU would not recognize scientific discipline that made Europe's ban on hormone treatments unjustifiable.
The U.Southward. exported $8.three billion in beef in 2018, of which the European Marriage deemed for roughly 3.5% of foreign sales. For the starting time 5 months of 2019, sales to the EU have totaled $80.6 million, down nigh 10% in value from concluding year, according to USDA information posted on the U.Southward. Meat Export Federation website.
In 2009, the U.S. and EU reached a memorandum of understanding for a new tariff rate quota of hormone-free beef, with the U.Due south. agreeing to driblet retaliatory tariffs confronting Europe equally well.
U.S. beef exports to the European union striking $272 one thousand thousand in 2015, only take declined since then, AFBF stated in its assay. Brazil, Argentine republic and Uruguay each export more than beefiness to Europe than the U.S., which often competes with Australia for the fourth ranking. By value, the U.Southward. accounts for nearly 9% of European union imports.
Europe has 2 tariff rates for beef. One allows 45,000 metric tons of beefiness without a duty, but has no private country cleave-outs. A second quota allows 66,826 metric tons under a 20% tariff, of which the U.Southward. and Canada take a combined resource allotment of 11,500 metric tons.
Sen. Pat Roberts, R-Kan., chairman of the Senate Agronomics Committee, applauded Friday's announcement in a statement.
"This understanding will provide some relief to American ranchers during an uncertain trading temper," Roberts said. "I appreciate the assistants acting on my decades-long persistence in pushing for greater access for U.Due south. beef in the European union. I look forward to the upcoming EU Parliament vote to seal this deal."
Chris Clayton can be reached at Chris.Clayton@dtn.com
Follow him on Twitter @ChrisClaytonDTN
(AG/CZ)
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Source: https://www.dtnpf.com/agriculture/web/ag/livestock/article/2019/08/05/trump-touts-greater-potential-duty
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