Items Tagged with 'TRQ'

Citing the high cost of ground beef, the Trump administration is temporarily increasing a tariff-rate quota for beef by 80,000 metric tons and allocating all of it to Argentina to import lean beef trimmings into the U.S.

The U.S. lost its latest dispute with Canada over the country’s operation of a tariff rate quota for dairy imports under the U.S.-Mexico-Canada Agreement, according to a Friday announcement from the Office of the U.S. Trade Representative.  

China is continuing to live up to its purchase promises under the “phase one” trade deal, buying up 567,000 metric tons of U.S. corn, according to new export sales announced Friday by the USDA. Most of it — 504,000 tons — is for delivery in the 2020-21 marketing year, while 63,000 tons are for delivery in the current 2019-20 marketing year.