USMEF Talks China Tariffs and Global Beef Demand at Cattle Industry Summer Meeting
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Cattle producers and other beef industry leaders gathered in San Diego this week for the Cattle Industry Summer Business Meeting. U.S. Meat Export Federation President and CEO Dan Halstrom and Vice President of Economic Analysis Erin Borror were on hand to talk about global beef trade and the U.S. industry’s efforts to expand exports, even in a challenging trade environment.
Halstrom notes that despite tariffs and other trade obstacles, producers were upbeat at the meeting and excited about robust demand for U.S. beef, both domestically and abroad.
Borror talked about key policy issues with NCBA's International Trade Committee, with a particular focus on the need for China to uphold the terms of the Phase One Economic and Trade Agreement. Borror told the committee that China’s purchases add competition for product specifically bound for Asia. She emphasized that for the U.S. industry to capitalize on the substantial value delivered by exports to China, tariffs must return to reasonable levels and China must renew registrations for U.S. beef production and cold storage facilities – most of which have been allowed to expire over the past five months.