Froman Backs Trump Into Post-TTIP Beef Battle — Panjiva
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Froman Backs Trump Into Post-TTIP Beef Battle

Ags - Meat/Dairy 279 Canada 535 China 3075 Consumer Staples 828 European Union 895 Mexico 935 Tariffs 1887 Trade Deals 1021 U.S. 5431

The USTR is pressing ahead with proceedings against the EU ban on exports of U.S. beef, possibly including countervailing duties, following the collapse of TTIP talks. The timing is curious – it is too late for the current administration to complete and the future of the USTR is in flux. However, exports to Mexico are 17% of the total and fell 9% over the past year while those to Canada were 10% of the total and fell 18%. Beef may become an unwanted trade battlefront for the incoming Trump administration, exposing exporters including Tyson and JBS to risks.

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