Balanced Reporting. Trusted Insights. Tuesday, August 21, 2018

Items Tagged with 'pork'

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Farmers, ranchers brace for new Chinese tariffs

The multifront trade war erupting on all sides of the U.S., with allies and others alike, is reaching new heights this week. China is preparing to enact $34 billion worth of tariffs on Friday that have U.S. producers of everything from strawberries to beef bracing for a major disruption in exports.
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Mexico’s new pork quota goes to competitors, bypassing U.S.

Mexico’s new 350,000-metric-ton quota for tariff-free pork imports is full, and none of that meat will likely be provided by U.S. producers, according to officials at USDA’s Foreign Agricultural Service. The quota was briefly seen as a potential lifeline for U.S. pork exporters, who were hit last week by Mexico with a 10 percent tariff that increases to 20 percent on July 5.
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