Skip to content Skip to navigation

The impact on Iowa of China's proposed tariff on pork

China announced tariffs on $3 billion of U.S. products on Friday in response to President Donald Trump’s planned tariffs on $60 billion of Chinese produced goods. There are 128 items on China’s proposed tariffs list including wine, steel and fruit. But most importantly for Iowa, pork is also on the list.Iowa is the number one pork producing state in the country. If these tariffs come into place, not only would agricultural trade decrease as a whole, but pork prices could also fall.China is the second largest market for United State’s agricultural exports. On an average year, around $20 billion of agricultural trade is done with China.“China is our second biggest pork market, so it’s a big deal,” said Dermot J. Hayes, Charles F. Curtiss distinguished professor in agriculture and life science and pioneer chair in agribusiness.Another issue the potential tariffs raise is that some of the pork China purchases, like the intestines, the head and the tails, are not as desired as much in the United States as they are there.

Article Link: 
Article Source: 
Iowa State Daily
category: