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Monday, December 2, 2019

EU Approves US Beef Import Increase

The European Parliament voted by 457-140, with 71 abstentions, in favor of a plan to permit U.S. farmers a larger share of an existing 45,000-ton quota from 2020.

It came with a resolution that urges the removal of U.S. tariffs on EU steel and aluminum, and the withdrawal of a threat to raise tariffs on EU cars.

"The message of this agreement is clear: we would like to de-escalate trade tensions with the U.S., but we want to see the same efforts of de-escalation on the other side of the Atlantic," said Bernd Lange, head of parliament's trade committee.