US meat exports at risk as China lets permits expire

Published Mar 17, 2025

Tridge summary

The article highlights the expiration of export registrations for over 1,000 U.S. meatpacking plants in China, a development that could negatively impact U.S. exports of pork, beef, and poultry, worth about $5 billion. These expirations, which affect major producers like Tyson, Smithfield, and Cargill, come amidst an ongoing tariff dispute where China has reportedly failed to renew registrations, potentially breaching the Phase 1 trade deal. The lapse has already impacted 84 U.S. plants, and their continued imports are uncertain. This situation intensifies the financial strain on American farmers caused by Beijing's tariffs on $21 billion worth of U.S. agricultural products.

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

Original content

BEIJING, March 17 (Reuters) - Export registrations for more than 1,000 U.S. meatpacking plants granted by China under a 2020 "Phase 1" trade deal expired on Sunday, China's customs website showed, threatening U.S. exports to the world's biggest buyer amid an ongoing tariff standoff. The registration status of U.S. pork, beef and poultry plants, including some owned by major producers Tyson Foods Inc. (TSN.N), Smithfield Packaged Meats Inc. and Cargill Meat Solutions Inc., was changed from "effective" to "expired," according to China's General Administration of Customs website. Reuters reported on Friday that those registrations were at risk of expiring. The expiration of about two-thirds of the total registered facilities could restrict access to the U.S. market and lead to losses of about $5 billion, adding to the challenges faced by American farmers after Beijing imposed retaliatory tariffs on about $21 billion worth of U.S. agricultural products this month. The ...

Source: NoticiasAgricolas