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

Ags - Meat/Dairy 268 Canada 529 China 3049 Consumer Staples 805 European Union 879 Mexico 928 Tariffs 1867 Trade Deals 1017 U.S. 5400

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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