
Trade Issues | |
Europe's Ban On Genetically Altered Food Hurting U.S. Farmers |
European trade officials are flinging up barriers to genetically modified foods -- which U.S. farmers grow in abundance. Analysts are stunned by the vehemence of Europe's rejection of the foods. "To find the Europeans so phobic is alarming, disturbing, confusing," says Jeffrey Gedmin, executive director of the New Atlantic Initiative. "There's just something so irrational, so emotional going on," he adds. Hormone-treated beef is already banned in Europe and corn and soybeans are under the gun. This is bad news to U.S. farmers who depend upon that market.
U.S. trade advocates make the point that European consumers don't have to buy genetically altered food imports. But at least trade officials should let them have the choice. Genetically modified foods aside, analysts bemoan the sorry state of trade relations in general -- which have been allowed to deteriorate on both sides of the Atlantic. Source: Jim Christie, "Dumping on Trade," Investor's Business Daily, September 14, 1999. For more on Tariffs and Other Trade Barriers http://www.ncpa.org/pd/trade/trade8.html |