He said: One cause of this severe costprice squeeze has been the impact of imported meat. Because of the meat export subsidy practices of competing meat nations and the tariff restrictions of other nations. the American market has at times been flooded with cheap foreign beef. Mr. Nixon continued his comments. referring to the meat import quota law enacted in 1964. He said: Because of Administration pressure. the meat import legislation ultimately enacted was riddled with loopholes. As a result. and in spite of a law. the volume of imports this year threatens to be greater than in any past year. except the record year 1963.
Keywords matched
quota law