U.S. pork would be ‘easy target’ for China in trade fight
Story Date: 3/23/2018

 

Source: BLOOMBERG, 3/20/18


A boost in China’s sow herd means pork from the U.S. is an “easy target” amid escalating trade tensions between the nations.
Pork prices in China have dropped after hogs tumbled as much as 30 percent in the past three months, analysts at Vertical Group, a New York-based investment bank, said in a report. For the Asian nation, “the timing would be opportune for a ban on pork exports in more ways than one,” the report said.

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