EU Tariff Changes Could Increase High-Quality Beef Imports, Impacting Welfare.
The EU tariff structure for beef imports from Mercosur can affect producers and consumers differently based on trade liberalization. If the EU considers beef a sensitive product in trade agreements, imports would be lower, even with expanded quotas. However, larger tariff cuts would lead to higher imports. Expanding quotas would increase high-quality beef imports and welfare losses, while reducing specific tariffs would lessen this bias.