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'Phase One' trade agreement provisions implemented

TAGS: Marketing
Getty Images/iStockphoto Illustration of China and U.S. ships loaded with cargo
U.S. pork and beef still face retaliatory duties, but a tariff exclusion process implemented by the Chinese government is providing some level of relief.

The USDA Food Safety and Inspection Service has updated its Export Library for China to reflect expanded access for U.S. beef and pork. These changes were among the provisions negotiated in the U.S.-China "Phase One" trade agreement.

U.S. Meat Export Federation president and CEO Dan Halstrom issued the following statement.

"This is an exciting day for the U.S. beef and pork industries, which have waited a long time to have more meaningful and reliable access to China, and USMEF thanks USTR and USDA for their tireless efforts to negotiate and implement the Phase One trade agreement.

"With much broader access for U.S. beef, the U.S. industry is well-positioned to expand its presence in the largest and fastest growing beef market in the world. And while unprecedented volumes of U.S. pork have been shipped to China in recent months, the U.S. pork industry has also faced significant barriers that have kept exports below their full potential. The changes announced in the Export Library will benefit pork exporters looking to expand their business in China, as well as producers and everyone in the U.S. supply chain.

"U.S. pork and beef still face retaliatory duties in China, but a tariff exclusion process implemented by the Chinese government earlier this month is providing some level of relief. While elimination of all retaliatory duties is still the best way for China to level the playing field for U.S. red meat, the exclusion process is expanding opportunities for importers and for the U.S. industry."

Source: U.S. Meat Export Federation, which is solely responsible for the information provided, and wholly owns the information. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.
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