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. Last Updated: 07/27/2016

Beef Dispute Sizzles

DUBLIN, Ireland -- The United States remains committed to imposing retaliatory tariffs on European Union goods because of the EU's refusal to accept hormone-treated North American beef, both sides said after two hours of discussions Thursday.

But U.S. Agriculture Secretary Dan Glickman and his EU counterpart, Austrian Franz Fischler, stood side by side afterward to emphasize that even if America retaliates as threatened, it wouldn't amount to a trade war. "Ninety-nine percent of the trade between the United States and Europe is unaffected by this dispute," Glickman said as Fischler nodded in agreement.

The United States is threatening to impose $202 million in tariffs on EU exports June 3.