South Koreans protest government's lift of ban on US beef, 2008
In 2003, the government of South Korea announced a ban on beef imported from the United States. Prior to the ban, South Korea had been the third largest purchaser of U.S. beef product. The decision to ban the product came after an animal in Washington was discovered to suffer from mad-cow disease. All together, more than fifty countries decided to ban U.S. beef imports after the incident, and consequently, the value of U.S. beef exports declined by $2.4 billion dollars over a three-year period.