Telegraph cheese beat writer Henry Samuel brings us the delicious news that the US has finally agreed to drop its 300 percent tariff on the traditional French blue cheese.
For those who hadn’t been following this story as closely as Mr. Samuel, shortly before leaving office, the Bush Administration had approved a 100 percent import duty on a bunch of European Union food products. France is upset because one of its main cheeses, roquefort, is being hit with a 300 percent tariff. Many had read this as the Bush Administration’s annoyance with a French ban against hormone-treated US beef.
In a joint statement on Wednesday, EU Trade Commissioner Catherine Ashton and United States Trade Representative Ron Kirk agreed that “an agreement is in our mutual interest,” and that “we will now discuss this with our respective stakeholders and constituencies in an effort to finalize it as soon as possible.”
So how did the two sides come to an agreement?
The US will drop its tariff in exchange for a quadrupling of non-hormone treated American beef.
If Martin Malvy is still looking for someone to send a case of roquefort to, we here at 80+1 would be happy to accept.
[via FP Passport]