Trump announces beef trade deal with Brussels
United States President Donald Trump has announced an agreement to open up European markets to more US beef exports.
During the announcement at the White House, Trump said that the deal would lower trade barriers to Europe.
"We love our farmers and ranchers," Trump said adding “US beef exports have recently increased 31 percent.”
"They want a level playing field," the president said. "That's all they want, and nobody can beat them."
US and European Union officials have been laying the groundwork for talks on a trade agreement, but had faced an impasse over agriculture.
EU ambassador to the US, Stavros Lambrinidis has praised the agreement as a great example of how the multilateral trading system can work.
EU sources and diplomats in June said a deal was reached to allow the US a guaranteed share of a 45,000-tonne European quota for hormone-free beef.