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US pork producers dream of duty-free access in China

Pork

NPPC presented an estimate on the benefits that zero-tariff access to China for US pork will have for the American economy.

Posted on Nov 27 ,08:26

US pork producers dream of duty-free access in China

Securing zero-tariff access to China for US 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 6% and generate 184,000 new US jobs in the next decade. NPPC launched a digital campaign to spotlight the importance of opening the Chinese market to US 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, US 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 US pork producers, our nation and Chinese consumers who rely on this essential protein,” said Hayes.

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

“The US 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% tariffs we are not nearly as competitive as Europe, Brazil, Canada and other nations.”

Pork is a staple of the Chinese diet and a major element of the country’s consumer price index. China’s pig herd has been devastated by African swine fever, a disease affecting only pigs with no human health or food safety risks, reducing domestic production by more than 50% and resulting in a mounting food price inflation challenge for the country.

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