Exclusive: China ramps up checks on U.S. pork imports in potentially costly slowdown
Source: Reuters
China has ramped up inspections of pork shipped from the United States, importers and industry sources said, the latest American product to be hit by a potentially costly slowdown at Chinese ports in the past couple of weeks.
Some trade experts said they believe Beijing is sending a defiant warning to Washington in response to sweeping U.S. trade demands made on China last week.
The stepped-up checks have even hit Chinas WH Group Ltd (0288.HK), the worlds largest pork company and owner of Smithfield Foods in the U.S., and come amid increasing scrutiny of other U.S. farm goods, including fruit and logs.
...snip...
Chinas top economic official, Liu He, will visit Washington next week to resume trade talks, the White House said on Monday, after a U.S. delegation led by Treasury Secretary Steven Mnuchin came away from a visit to Beijing last week with no agreement over a long list of U.S. trade demands.
Read more: https://www.reuters.com/article/us-usa-trade-china-pork-exclusive/exclusive-china-ramps-up-checks-on-u-s-pork-imports-in-potentially-costly-slowdown-idUSKBN1I91I2
dembotoz
(16,799 posts)greymattermom
(5,754 posts)with pork, sorghum, etc. They are playing a smart game, and rural regions of the US should pay attention.
KT2000
(20,572 posts)the price they pay will go down.
bucolic_frolic
(43,123 posts)Trump's management style is one of abrasion, and those tactics have ramifications in smoothly flowing organizations. Policies have consequences that cause reactions. Industrial psychology. Uproar is not an organizational goal, it is a madness.
KY_EnviroGuy
(14,489 posts)Trump is about to learn that lesson as well. You're absolutely right - it's madness.
Bernardo de La Paz
(48,988 posts)Achilleaze
(15,543 posts)SWBTATTReg
(22,100 posts)Agriculture is one of rural America's biggest exports to China and RUMP, our smartest president ever, gave US farmers the huggggest gift ever!
I wonder how this is going to impact our farmers down the road...many of whom unfortunately are going to feel the bite before too long, being that two of their biggest agriculture products got targeted / slammed by the Chinese.
Among some of the negative things that farmers are going to have to deal with now (not a planned expenditure) is to pay to store these products longer (if they can) and/or slaughter their pigs earlier than usual because they won't be able to afford to feed them.
This is just the tip of the iceberg of other negative things to come for the American farmer that is solely linked to this tit-for-tat idiotic ramblings of a disturbed man.
Way to go, RUMP for starting this whole mess all by yourself!