Economics
U.S. Beef Exporters Urge Speed in Korea Trade Accord
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American beef exporters are pushing the Obama administration and Congress to approve a pending trade agreement with South Korea without delay rather than hold out for concessions on their behalf.
U.S. exports of beef are up 175 percent in the first eight months of this year to $331 million, regaining sales that collapsed following concern about mad-cow disease that sickened animals in 2003, according to Commerce Department data. Australia and Canada are pursuing their own free-trade agreements with South Korea, and their suppliers may gain on U.S. producers, according to the American Meat Institute.