AMI’s International Trade Committee MeetsMonday, November 6, 2000
AMI’s International Trade Committee met jointly with the U.S. Meat Export Federation’s Packer/Processor & Purveyor/Trader Committee last week to review a wide range of trade issues. Topping the agenda was a debate about the advantages and disadvantages of pursuing compensation negotiations with the European Union (EU). The EU has proposed improved access for U.S. high quality beef in exchange for reduction or elimination of existing retaliation. AMI, the National Cattlemen’s Beef Association and the American Farm Bureau Federation met with USTR’s Special Trade Negotiator this morning and advised him that the U.S. beef industry has no interest in negotiating a new tariff-rate quota for U.S. beef that may be terminated by the EU before it could be fully utilized by U.S. exporters. Further discussions with USTR are likely.