China Aims to Import Record Haul of US Pork
They’re hungry for more. Part of its promise to boost purchases of American farm products to ease its trade war with Washington, Beijing will import as much as 330 tons of U.S. pork this year — an 81 percent increase from 2017. So high is China’s willingness to fork out for pork that officials may be willing to swallow the 62 percent tariffs. Some experts think that record import estimate may even be conservative.
Why is demand so high? China’s scrambling to contain the spread of African swine fever among its herds, which have already been decimated by 15 percent.
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