Nicaragua News Articles

I just read one of the news items about CAFTA and beef. Didn't exactly talk about something good for Nicaragua.

The beef variety meat import market in Costa Rica is approximately 1,000 metric tons (mt) per year and Nicaragua currently has nearly 40 percent of the import market share. With U.S. beef variety meat entering Costa Rica duty free under CAFTA, the United States will have a good opportunity to displace Nicaragua as a main supplier of variety meat due to price competitiveness.

What makes little sense to me is why beef from the US (which clearly costs more for US consumers that Nicaraguan beef costs for Nicaragua consumers) would cost less than beef from Nicaragua.