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(Photo: Trade and Justice)
We share with our readers this interesting RT article: The trade war leaves the United States "meat"
More than 1,100 million kilograms of meat produced by American farmers have accumulated in cold rooms and the amount will continue to increase, according to recent federal government data.
USA forecast record meat production of 46,500 million kilograms of meat in 2018
Record beef, pork and poultry production was highly dependent on exports to defeat domestic demand. However, customs duties on the import of a wide range of US products, recently introduced by several US trading partners, have dropped US meat sales overseas.
This year, China and the US meat consumers imposed tariffs on US pork in response to Washington 's imposed tariffs on steel, aluminum and other products in the United States. from these countries. The measure has pushed prices for ham, chops and livers of American origin in these markets, reports The Wall Street Journal.
This year, China and Mexico, the biggest consumers of American beef, imposed tariffs on US pork in response to Washington's tariffs on steel, aluminum and aluminum. 39, other products from these countries
"We will have excessive capacity in this industry if we will not export more products," said Ken Maschhoff, president of the livestock business Pig Maschhoffs.
According to the businessman, his company plans to expand to "less geopolitical" regions, such as Eastern Europe or America. from South.
. it predicts record meat production of 46.5 billion kilograms of meat by 2018.
Declining exports and growth in national meat reserves are jeopardizing domestic producers' profits, as well as livestock and livestock prices. meat. Poultry
Business risks and increasing supply could cause "one of the biggest corrections we've seen in the industry for several years," says Christine McCracken, badyst at the company. Dutch financial entity Rabobank.
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