This little piggie is NOT going to market - trade war hits PORK
Trump tariffs crush U.S. pig farmers
https://www.politico.com/story/2019/06/19/trump-tariffs-us-pig-farmers-1538546
China would not normally be able to satisfy its consumer demand for pork, even before the epidemic of African swine fever has cut the nation’s pig population in half. Farmers in the United States would, normally, step in to help fill the gap.
But in retaliation to the tariffs placed on Chinese imports by President Donald Trump, pork going to China from the U.S. now faces a 62 percent levy, essentially making American products too expensive for consumers in China. It’s also leaving exporters frustrated that they cannot take advantage of a prime opportunity to gain long-term access to a lucrative market.
“To put it another way, nothing like this has happened since we’ve had data to record such things,” said Feng Yonghui, chief researcher at Soozhu.com, a website for the pork industry.
Lost opportunity
All those factors leave the U.S. in a position that should allow it to dominate the market, said Nick Giordano, vice president of the National Pork Producers Council. From a U.S. farmer’s perspective, this is “the single greatest sales opportunity in our industry’s history,” Giordano said.
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