China to boost food imports from Latin America, Europe as US trade war escalates

Published 2025년 3월 6일

Tridge summary

China has imposed new tariffs on U.S. farm goods, leading to a shift in global trade flows as the country seeks to source more meat, dairy, and grains from countries including South America, Europe, and the Pacific. This shift could result in increased shipments from Brazil, Australia, and European pork suppliers, as China looks to diversify its agricultural sources following a trend of reduced dependence on U.S. agriculture since the trade war. The tariffs could also favor Australian sorghum and wheat suppliers, as China continues to rely heavily on the U.S. for sorghum and faces high duties on U.S. wheat, potentially favoring Australian suppliers despite a reduction in overall wheat imports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China’s new tariffs on U.S. farm goods are poised to reshape global trade flows, prompting the world’s top agricultural importer to source more meat, dairy and grains from countries in South America, Europe and the Pacific. Shipments to China from key soybean supplier Brazil, top wheat exporter Australia and major pork supplier Europe, could surge as a trade war hots up between the world’s largest economies, industry officials and analysts said. China retaliated swiftly on Tuesday against fresh U.S. duties, announcing hikes of 10% and 15% to import levies covering $21 billion worth of American agricultural goods. “There will be rerouting of trade after China’s import tariffs on U.S. goods,” said Pan Chenjun, a senior analyst for animal protein at Rabobank in Hong Kong. “The main products that will be impacted are pork offal and chicken feet. For pork, both muscle and offal, China will get more supplies from Brazil, Spain, the Netherlands and other EU countries.” China is the ...

Source: UkrAgroConsult