Following the announcements of the Trump Administration’s tariffs on Chinese steel and aluminum, China announced it was formulating a response that could include a 25 percent tariff on U.S. pork exports. The Chinese market for domestic pork has been growing steadily, already squeezing the U.S. export market, reports Reuters.
Increased prices on American pork could lead to dramatic changes in the China’s meat sector. European pork has become a strong competitor to the American product, even before the threat of a U.S.-China trade war.