Eyes on Taiwan as they lift ban on ractopamine

Before deciding whether to resume trade talks, the U.S. says it will wait to see how Taiwan implements the lifting of a ban on U.S. beef imports.

Two weeks ago the country’s legislature passed a bill allowing Taiwanese to import U.S. beef containing minimal traces of ractopamine, a feed additive for creating lean meat. The ban on the drug was the main obstruction to resumption of talks on the Trade and Investment Framework Agreement that were suspended in 2007.

Taiwan is hopeful talks could pave the way for a free trade pact and Deputy U.S. Trade Representative Demetrios Marantis has said that the U.S. will see how things play out the next few months before making any decision on trade.