National Pork Producers Council President and Ohio pork producer Duane Stateler released the following statement on behalf of the pork industry in response to the White House fact sheet on the latest U.S.-China trade relations.
“In a win for U.S. agriculture and America’s pork producers, China has suspended its retaliatory tariffs set in March. We are very pleased to see the Trump administration answer the widespread call of agriculture, including persistent requests from the National Pork Producers Council, to negotiate for tariff removal and allow business with China to return to a more market-driven norm unburdened by these costly taxes.”
In March, China placed a 57% retaliatory tariff on U.S. pork exports. Tariffs will be reduced by 10%. U.S. pork exports to China in the first seven months of the year were down 13%, largely due to these retaliatory tariffs.
