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North American Meat Institute Statement on Trade Tensions Between U.S. and China

Wednesday, April 4, 2018
 


Attribute Statement to Meat Institute President and CEO Barry Carpenter

April 3, 2018

“The meat industry is the largest sector of agriculture and exports are critical to our economic health and the hundreds of thousands of people we employ. Last year, our pork exports to China/Hong Kong were valued at more than $1 billion and our beef exports to China for the second half of 2017, after the market opened there, were valued at $31 million with good potential for growth in 2018. We have appreciated our access to the Chinese market and the opportunity to serve our customers there.

We are extremely alarmed about rapidly escalating trade tensions occurring between the U.S. and China. The U.S. meat industry urges both governments to engage expeditiously in a constructive dialogue aimed at resolving issues before additional tariffs take effect. There are no winners in trade disputes and the stakes are particularly high in the current situation. American agriculture and our meat sector in particular stand to suffer each day this tension continues.”

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