The United States and the European Union have reached an “agreement in principle” to allow U.S. farmers a share of the EU’s annual 45,000-ton quota for hormone-free beef imports.
Politico reports the agreement has been sent to EU member nations for approval. The import quota was set in 2009 by the EU after the bloc lost a World Trade Organization dispute over its ban on hormone-treated beef.
Negotiations to include the U.S. in the EU beef market started in September of last year, as the Trump Administration is seeking a trade agreement with the European Union. Those talks have been slow going as the European Union has been reluctant to include agriculture in trade negotiations with the United States.