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

Ags - Meat/Dairy 281 Canada 540 China 3082 Consumer Staples 834 European Union 899 Mexico 939 Tariffs 1894 Trade Deals 1024 U.S. 5439

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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