… The Trump administration has imposed a new tariff of 25% on pork products from the EU as the trade dispute between the US and EU escalates… In the first seven months of this year, the UK exported 6,768 tonnes of pork to the US, the second largest non-EU destination behind China (38,619t), the National Pig Association (NSA) highlights…

 

 

US tariffs on EU pork will 'add unwelcome costs'

 

by FarmingUK Team (UK) 

7 October 2019

 

New tariffs imposed by the United States on EU pork products will 'add unwelcome costs' to the trade, British pig producers warn.

 

The Trump administration has imposed a new tariff of 25% on pork products from the EU as the trade dispute between the US and EU escalates.

 

The World Trade Organisation (WTO) have announced that the US would be allowed to apply up to $7.5bn of retaliatory tariffs a year on products imported from the bloc.

 

This is as a result of the Airbus-Boeing dispute. Both the US and EU claim that each others aeroplane manufacturer is unfairly subsidised.

 

As such, President Trump's administration has published a final list of EU products affected by the additional duties, which will be implemented from the 18 October.

 

The tariffs will cover a range of pork products and other goods shipped from the EU – worth around £6bn in total - including Scotch whisky, cheese and other dairy products, fruit, seafood, wine and clothing.

 

In the first seven months of this year, the UK exported 6,768 tonnes of pork to the US, the second largest non-EU destination behind China (38,619t), the National Pig Association (NSA) highlights.

 

The tariffs, another chapter on the growing global trade tensions, will add 'unwelcome costs' to the trade, the industry body says.

 

While the volumes are significantly lower than the Chinese export volumes, the US is seen as an important market for high value pork cuts.

 

The Department for International Trade said ...

 

US Trade Representative Robert Lighthizer said ...

 

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