How does the EU benefit from selling pork to China due to trade disputes with the US and Canada?

Published 2025년 3월 14일

Tridge summary

The article highlights the potential impact of the US's trade tariffs on the global pork trade, focusing on the responses from Mexico and China. Although US President Trump has delayed imposing tariffs on Mexico until April 2, there is the possibility of retaliatory tariffs from Mexico affecting the significant pork trade between the two countries, with the US exporting around 1.155 billion tons of pork to Mexico last year. In contrast, China's 10% to 20% tariffs on US pork imports have led to an additional 47% tariff rate, making US pork exports uncompetitive compared to those from the EU, which face a lower 12% tariff. This situation is likely to shift more pork and by-product exports towards Brazil and the EU, including countries like Spain and the Netherlands, as predicted by Rabobank experts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The reactions of major trading partners Mexico and China to the US tariffs are particularly crucial for global pork trade. The current situation is that US President Trump has largely suspended his announced punitive tariffs against Mexico until April 2. In return, Mexican President Claudia Sheinbaum also refrained from imposing additional tariffs on imports from the United States. However, if the US tariffs are actually implemented in the future, retaliatory tariffs from Mexico can be expected. The trade volumes that could be affected by the tariffs are very large. Last year, the United States shipped approximately 1.155 billion tons of pork to Mexico. Furthermore, European pork exporters' trade relations with Mexico have so far been very limited. Significant shipments of pork (approximately 13,000 tons) arrived in Mexico from Spain alone last year. The European pork industry could likely benefit from the US conflict with China. Shortly after taking office, US President Trump ...
Source: Agromeat

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