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U.S. Pork Can Reduce Overall U.S. Trade Deficit With China By Nearly Six Percent

Securing zero-tariff access to China for U.S. pork would be an economic boon for American agriculture and the country, according to the National Pork Producers Council (NPPC). Based on an analysis by Iowa State University (ISU) Economist Dermot Hayes, NPPC says unrestricted access to the Chinese chilled and frozen market would reduce the overall trade deficit with China by nearly six percent and generate 184,000 new U.S. jobs in the next decade. NPPC today launched a digital campaign to spotlight the importance of opening the Chinese market to U.S. pork as trade negotiations continue.

“Were it not for China’s tariffs that are severely limiting access to American goods and other restrictions, including customs clearance delays, U.S. pork could be an economic powerhouse, creating thousands of new jobs, expanding sales and dramatically slashing our nation’s trade deficit. China’s actions would unleash tremendous benefits to U.S. pork producers, our nation and Chinese consumers who rely on this essential protein,” said Hayes.

According to Dr. Hayes’ analysis, U.S. pork sales would generate $24.5 billion in sales if U.S. pork gained unrestricted access to the world’s largest pork-producing nation over 10 years.

“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,” said NPPC President David Herring, a hog farmer from Lillington, N.C. “The United States is the lowest-cost producer of pork in the world, but with 72 percent tariffs we are not nearly as competitive as Europe, Brazil, Canada and other nations.”

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What is the real-world impact of innovations like the PRRS-resistant pig for producers, scientists and the entire pork industry? For the Chinn family, sixth generation hog farmers in Missouri, who have dealt with devastating PRRS breaks before, the possibility of eliminating PRRS means the promise of passing the farm down to the next generation. For university researchers like Dr. Alison Van Eenennaam at UC Davis, it means scientists could use genetics to precisely decrease animal disease. And for consumers, it means the pork on your plate is no different, except for its resistance to disease.