Trade: Cooking Up a Food Accord

Cooking Up a Food Accord

The U.S. and the twelve-member European Community pulled back from the brink of a major food war last week. After two months of intensive negotiations, the two sides reached an agreement in Brussels to lift mutual restrictions on some $1 billion worth of goods. Among other things, the E.C. concessions would lower tariffs on U.S. citrus products, almonds and other nuts, while the U.S. would shrink duties or raise limits on E.C. exports of anchovies, olive oil, paprika and cheeses.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!