World

China’s tariffs on U.S. pork have climbed as high as 70%

Losing China's Pork Trade

China has the world’s biggest appetite for pork. It’s such a beloved staple that the written Chinese character for “home” depicts a pig inside a house. U.S. producers banked on that business being around for years.

That’s changed. As a result of the Trump administration’s clash with Beijing over trade, China’s tariffs on U.S. pork have climbed as high as 70%, making U.S. imports more expensive. At the same time, an outbreak of African swine fever in China has increased demand for imported pork.

Referencing The Wall Stree Journal