By 1963. that figure had grown to 1.678 million pounds. This tremendous volume of foreign meat broke our livestock markets in this country and inflicted severe losses on thousands of domestic producers and feeders. It was this situation in 1963 that resulted in the enactment of the meat import quota law in 1964. designed to prevent foreign meat from taking over a steadily increasing share of the U.S. market. and to a degree that would be heavily and adversely disruptive to the cattle and livestock market here in America. The act. which was signed into law that year in August. does not actually impose quotas. but does provide the machinery whereby quotas are to be imposed by the President if it is estimated by the Secretary of Agriculture that imports will exceed the quota figure for any given year by 10 percent. Since 1964. imports of the products covered by the law did not threaten to exceed the quota figure until the last quarter of 1968.
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quota law