(Financial Times)
European Union and the US have reached a provisional agreement to settle a long-running trade dispute over hormone-treated beef.
Under terms of the agreement, the EU will maintain its 21-year ban on imports of US and Canadian beef treated with growth-enhancing hormones. But it will increase the amount of hormone-free beef that can be imported from those countries over the next four years.
The provisional agreement came ahead of a Saturday deadline, after which the US had threatened to impose punitive tariffs on a range of EU goods – from French Roquefort cheese to Italian mineral water. Read more here.
