[Beijing 30th Reuters]-A senior official of the Ministry of Agriculture and Rural Affairs in China said that trade friction with the US would not affect pork supply in China. China National Television (CCTV) reported on the 30th.
China plans to impose an additional tariff of 5-10% on products worth 75 billion dollars imported from the US as a retaliatory measure against the fourth tariff on China announced by US President Trump, including agricultural products. Additional tariffs on some products will be activated on September 1st and the rest on December 15th.
The official told CCTV that US pork imports are less than 0.2% from China, and that US trade friction does not affect pork supply and prices in China. .
In China, millions of pigs have been disposed of by African swine cholera. According to official data, the number of domestic pigs has decreased by about one-third compared to a year ago. The price of pork has soared since June, reaching a record high. The Chinese Ministry of Commerce announced yesterday that it will increase pork imports and release frozen pork, beef and lamb stocked by the government to increase supply to the market.
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