09.
10.18
12:41

EU wants to renegotiate beef imports with USA

The EU states tend to start negotiations with the US on meat imports. This could alleviate tensions in the trade dispute with the US.
The EU Commission is currently seeking the approval of its 28 states to begin negotiations with the US in November. The deal could come next week.
The meat agreement is not officially part of last July's collusion between US President Donald Trump and Commission President Jean Claude Juncker. Trump's goal is to reduce the 151 billion trade deficit with the EU. A meat deal could relieve the trade balance and bring Trump before the US rural population a respectable success.
The 28 EU countries are represented in the negotiations by the Commission. Should more hormone-free US beef enter the EU, other major suppliers would have to lag behind.
Negotiations with the US are continuing an agreement to import hormone-free beef. In 1981, the EU banned imports of meat produced with growth hormone. In 2009, the EU awarded quotas for 45,000 tonnes of beef imports. At that time, however, the WHO had ordered that the quotas should also be fulfilled by other states.
The US share fell from originally 100% to 30% recently. The other import quotas were met by Australia, Uruguay and Argentina. EU diplomats believe that the US can soon deliver 40 or 50%.
Since Argentina's import share is below 10%, which is too little for the negotiations to cut quantities there, the EU Commission has only to explain to Australia and Uruguay that soon less duty-free beef may be delivered. The EU quotas were always met within two weeks, allowing more duty-free US beef to enter the EU in just a few weeks.
Currently, the US is delivering beef worth $ 200 million, and soon it could be $ 400 million. EU negotiator Phillip Hogan believes that this will reduce trade tensions with the US.
If the other suppliers do not get involved in this deal, they could be completely removed from the duty-free deal. The formula in Brussels means less or nothing.

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