Mixed Reactions from Farmers on U.S.-UK Economic Deal
The UK farmers' union expressed a mixed reaction to the U.S.-UK economic deal. They praised the maintenance of British food standards and reciprocal market access for beef but highlighted concerns over tariff removal on bioethanol, which may burden agricultural sectors.
The United Kingdom's farmers union offered a tepid welcome to the U.S.-UK economic deal, applauding the retention of British food standards on U.S. imports while voicing apprehension over the removal of tariffs on bioethanol.
The agreement includes a mutual beef quota of 13,000 metric tonnes, maintaining existing UK food standards and meeting key demands from the National Farmers Union (NFU). NFU President Tom Bradshaw expressed relief at the decision, emphasizing the importance of safeguarding agricultural standards.
Despite these developments, concerns remain about the open access granted to U.S. bioethanol in the UK market. The NFU pointed out the burden this imposes on specific agricultural sectors amidst a largely competitive market environment.
(With inputs from agencies.)
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