Good news for US meat exporters - leatherbiz: Leading news site for th Leatherbiz

News

Good news for US meat exporters

22/05/2019
The Mexican government has removed retaliatory duties on US pork and Canada has stopped its 10% tariff on beef after the US reached an agreement on steel and aluminium tariffs.

The move has been described as a “tremendous breakthrough for the US red meat industry” by the US Meat Export Federation (USMEF).

This also removes a significant obstacle for the US-Mexico-Canada Agreement (USMCA), and USMEF is hopeful that “all three countries ratify USMCA as soon as possible”.

Japan has also agreed to eliminate longstanding restrictions on US beef exports, including the 30-month cattle age limit for the first time since 2003. 

USMEF estimates this could increase US beef sales to Japan as much as 10%, or $200 million, annually.

Related stories:

Japan deal could aid US meat suppliers 12/11/2019
Strong end to first half for US beef exports 12/08/2019
US beef exports steady in May 10/07/2019
US beef exports continued to fall in April 14/06/2019
US beef exports down in first quarter 16/05/2019
US beef exports struggle to match record highs of 2018 29/04/2019
US beef exports down slightly in value in January 29/03/2019
South Korea helps US beef exports to record year 11/03/2019
Record August for US beef exports 11/10/2018
US beef exports hit $4 billion in first half of 2018 08/08/2018
US to be the loser after new Japan trade deals 31/07/2018
USMEF lauds “great results” from Latin American Product Showcase 04/07/2018

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.