China re-open market of poultry for import to USA (Nov.15.2019)
Author: Larry Han

The Chinese government on Nov. 14 agreed to lift a five-year ban imposed on U.S. poultry imports.

The announcement was a bright spot during ongoing and often tense negotiations between the U.S. and China to ease a tariff-fueled trade war between the two large economies.

On Oct. 11, President Trump announced that trade talks between China’s Vice Premier Liu He, Lighthizer and U.S. Treasury Secretary Steven Mnuchin resulted in a “phase one deal,” which will encompass new intellectual property and financial services protections and require China to import up to $50 billion in U.S. agricultural products.
However, it is still uncertain whether the deal will be finalized between the two countries.

“Renewed access to the Chinese market could result in $1 billion annually for chicken paws alone and, due to China’s meat protein deficit as a result of African swine fever, there could be as much as another $1 billion of potential exports of other chicken products, including leg and breast meat,” the trade groups said. “Turkey exports could generate another $100 million in sales and poultry breeding stock at least $ 60 million more.”

I think that there will be good news about Tariff iusse between U.S.A and China.

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