Trump announces deal to expand US beef exports in the EU — and jokes about Mercedes, BMW tariffs
Story Date: 8/5/2019

 

Source: Jacob Pramuk, CNBC, 8/2/19


President Donald Trump announced an agreement Friday to boost beef exports to the European Union. Surrounded by trade officials and beef industry representatives at the White House, Trump signed a deal to “lower trade barriers in Europe and expand market access for American farmers and ranchers.” Over the course of the agreement, annual duty-free U.S. beef exports to the EU are expected to nearly triple to $420 million from $150 million, according to the Office of the U.S. Trade Representative.

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