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Perdue: EU Needs to Redress Farm Trade Imbalance

Both Washington and Brussels are eager to reset transatlantic relationship

2018 IPPE Market Intel Forum Secr Perdue

The European Union needs to redress a $10-12 billion imbalance in farm produce trade with the United States and adapt its food safety rules to reflect "sound science," the U.S. Secretary of Agriculture said on Monday, reports Reuters.

Sonny Perdue, on a five-day trip to Europe, said both Washington and Brussels were eager to reset the transatlantic relationship but that rules should be based on real risks not potential hazards.

Agriculture has proved a block in U.S.-EU trade talks, with Brussels resisting Washington’s demand that it be included. Perdue said tariffs on farm produce could be tackled at a later stage, but regulatory barriers need to be addressed now.

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