Reviewing the Tariff-Rate Quotas for U.S. Beef Imports
The United States is the world’s largest producer of beef and its second-largest importer. Imports mostly consist of lean trimmings used for processing into ground beef. These trimmings, which would otherwise go toward rendering or pet food, add value to the U.S. beef supply chain. Beef imports usually follow the U.S. cattle herd cycle where [...]