Articles Tagged with ''European Union''

Mexico’s new 350,000-metric-ton quota for tariff-free pork imports is full, and none of that meat will likely be provided by U.S. producers, according to officials at USDA’s Foreign Agricultural Service. The quota was briefly seen as a potential lifeline for U.S. pork exporters, who were hit last week by Mexico with a 10 percent tariff that increases to 20 percent on July 5.

Beef, poultry, dairy and rice are just some of the commodities the U.S. could be exporting a lot more of to the UK if it breaks away from trade barriers when it exits the European Union.

When Japan was asked if it wanted fries to go with recent free trade agreements, it said yes. Unfortunately for U.S. potato farmers and processors, those fries will come mostly from Canadian and Belgian spuds.

U.S. complaints that Europe wasn’t living up to a promise to import American beef were ignored for years, but that’s changed in the months since the Trump administration began considering retaliatory duties on European imports. Now the two sides are talking and it looks like a deal could be in the works.