The Canadian beef scare

CANADA - On Thursday, the Ninth U.S. Circuit Court of Appeals, siding with the federal government, ruled in favor of reopening U.S. markets to Canadian cattle. This is good news and long overdue. Since the ban went into effect, the U.S. beef industry has suffered greatly from what can be described as a case study in the workings of protectionist policies. Americans have seen a 27 percent increase in beef prices, while processing plants have been forced to lay off thousands of workers.

calendar icon 18 July 2005
clock icon 1 minute read
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