Trump confirms agreement with EU on American beef exports

President Donald Trump on Friday announced an agreement with Brussels on trade in American beef, long blocked from EU markets over concerns about use of hormones.

"American beef is considered the best in the world," Trump said at the White House.

The "breakthrough" agreement "will lower trade barriers in Europe and expand access for American farmers and ranchers."
"In year one, duty-free American beef exports to the EU will increase by 46 per cent," Trump said. "Over seven years they will increase by another 90 per cent."