Tesco Sticks to Irish and British Beef Amid U.S.-UK Trade Deal
Tesco, the largest supermarket in the UK, plans to continue sourcing 100% Irish and British beef despite a new U.S.-UK trade deal allowing U.S. beef access to the UK market. The decision aligns with competitor Sainsbury's, reflecting a preference for local beef. U.S. beef may struggle to compete in the UK market.
Tesco, Britain's largest supermarket chain, has announced it will maintain its policy of sourcing only Irish and British beef, despite the new U.S.-UK trade agreement that grants American beef access to the UK market.
The trade deal sets a quota allowing U.S. farmers to export 13,000 metric tonnes of beef meeting UK standards, while UK farmers enjoy equivalent access to the U.S. market. However, Tesco CEO Ken Murphy confirmed the company's commitment to local beef sourcing during the World Retail Congress.
Market rival Sainsbury's also sources exclusively from Britain and Ireland, underscoring a preference for local products despite U.S. claims of superior beef quality. The lack of significant price difference may challenge the U.S. product's market entry in the UK.
(With inputs from agencies.)
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