Beef sector being ‘hung out to dry’ for sake of EU-US trade deal
Farmers’ groups react angrily to potential impact on beef trade of EU-US trade deal
Ireland’s beef trade is the single biggest component of the country’s €10 billion food and drink export business.
Farmers’ groups have reacted angrily to a report suggesting the proposed EU-US trade deal is likely to damage Irish beef exports.
According to an assessment by research group Copenhagen Economics, the beef industry here stands to lose between €25 million and €50 million a year due to increased competition from the US if the proposed the Transatlantic Trade and Investment Partnership (TTIP) goes ahead.