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Strategy Briefing
China Tariff Effect on US Agriculture and Food Industries
11 pages, Apr 2018
US$570Added to Cart
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About This Report
New Report Guarantee
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
The trade tariff wars between the US and China have reached new highs, as more product groups and industries are being affected on both sides. The recent introduction of increased tariffs on agricultural commodities has left US farmers questioning their business future. While initial threats were seen by pork processing and fruit, vegetable and nut farming, the extended list included soybeans, which is raising the level of concern..
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Overview
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
The effects of China’s tariffs will vary across agricultural commodities
Soybean suffering
As China plays a significant role in ensuring business and pricing stability for US soybean farmers, soybean farming will experience the highest impact from tariff increases.
Cotton picking downturn
Expanding production of cotton in the US and the restrictive Chinese measures are likely to push down US cotton prices, negatively affecting Texas and southern states.
ginseng in Wisconsin
Wisconsin will be most affected by the tariffs on ginseng, as loss of trade with China would undoubtedly affect state income and market prices.
Pork Products plight
The US meat industry is expected t lose exports of less marketable swine and bovine products, such as edible pork offal or bovine hides and skins.
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Request more informationTable of Contents
US Agriculture Exports Rely Heavily on Trade with China
China/US trade relationship endures critical times
China TARIFF INCREASE AFFECTS MAJOR CROP AND FOOD commodity exports
US agriculture is expected to suffer the most from higher import tariffs
China’s import tariff increase hits major US trading crop groups
US states facing uncertainty due to the US-China tariff wars
US Midwest states will face the strongest impact of the soybean trade loss
Cotton farmers to face uncertainty as the production surplus increases
Pork offal and bovine hide producers risk losing around USD1 billion
The effects of China’s tariffs will vary across agricultural commodities
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.