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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS pork industry sees $25 billion China market without tariffs
U.S. pork producers see a potential $24.5 billion market in China within 10 years if the Trump administration can gain unrestricted trade access after the Asian countrys hog herd has been devastated by disease.
The National Pork Producers Council released the forecast on Tuesday as they pressed the Trump administration to emphasize access for pork products in ongoing talks with Beijing for a partial trade agreement.
The spread of African swine fever has ravaged Chinas hog herd and by September had driven up the price of pork more than 69% from a year earlier. The meat is a staple in the Chinese diet. While American exports have climbed amid the Chinese protein gap, meat suppliers in Brazil have seen even stronger demand.
The U.S. pork industry is missing out on an unprecedented sales opportunity in China when it most needs an affordable, safe and reliable supply of its favored protein, David Herring, president of the producer association and a hog farmer from Lillington, North Carolina, said in a statement.
https://www.msn.com/en-us/money/markets/us-pork-industry-sees-dollar25-billion-china-market-without-tariffs/ar-BBXli1h?li=BBnbfcN
Maybe you guys shouldn't have voted for tariffman.
roamer65
(36,739 posts)They can count on it.
Trade is too global for it not to happen.
3Hotdogs
(12,210 posts)they're helping make 'merica great again.
They should be prowd, like them fellers in N.Y., The Prowd Boys.
stillcool
(32,626 posts)in campaign contributions can get them whatever they want. Where's Rudy?