Farms.com Home   News

Zero-Tariff Access To China ‘Would Unleash Tremendous Benefits’ For U.S. Pork, Agriculture

Zero-Tariff Access To China ‘Would Unleash Tremendous Benefits’ For U.S. Pork, Agriculture
The worst kept secret in the world is that China needs pork. The protein is a staple of the Chinese diet and a major element of the country’s consumer price index. However, more than half of the country’s swine herd has been lost as a result of African swine fever, a disease affecting only pigs with no human health or food safety risks. China represents an unparalleled opportunity for U.S. pork producers to provide the safest, highest quality and most affordable pork in the world. If U.S. pork gained unrestricted access to China, it would be an economic boon for American agriculture and the country, HOTH reports.
 
According to an analysis by Iowa State University Economist Dermot Hayes, securing zero-tariff access to China would reduce the overall trade deficit with China by nearly six percent, generate 184,000 new U.S. jobs and produce $24.5 billion in sales, all in the next decade. NPPC has launched a digital campaign to spotlight the importance of opening the Chinese market to U.S. pork as trade negotiations continue.
 
The United States is the lowest-cost producer of pork in the world, but with 72 percent tariffs into China, U.S. pork producers are not nearly as competitive as Europe, Brazil, Canada and other nations. Zero-tariff access to China would yield tremendous benefits.
 
 
Click here to see more...

Trending Video

Interview with Dr. Jayson Lusk: Market Impact of the Global Adoption of PRRS-Resistant Pigs

Video: Interview with Dr. Jayson Lusk: Market Impact of the Global Adoption of PRRS-Resistant Pigs

What is the economic impact of adopting the PRRS-resistant pig for farmers in the U.S.?

In this exclusive interview, Dr. Jayson Lusk, Dean of Agriculture at Oklahoma State University, shares insights from his latest research on the market impact of PRRS-resistant pigs.

Insights include:

•What happens to the global market if farmers in the U.S. adopt the PRRS-resistant pig

•The risks of not adopting the technology

•The ways pork producers can remain competitive against other proteins


This could be a pivotal moment for the pork industry – both for improving animal welfare and for enhancing the viability of pork producers.