Source: FOOD INGREDIENTS FIRST, 7/15/19
The EU and the US are poised to sign a deal reviewing the functionality of an existing trade arrangement ensuring an autonomous tariff quota (TRQ) for imports of high-quality beef into the EU. This ends a long-standing World Trade Organization (WTO) dispute and ensures US farmers are guaranteed a bigger part of the hormone-free quota, as well as helping to defuse transatlantic trade tensions.
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