Lost China opportunities could cost US beef industry $4 billion per year
30/04/2025
High tariff rates that have applied since early April on imports from the US into China are already having an impact on the US beef industry, the US Meat Export Federation (USMEF) has said.
Because the new tariffs that China has imposed on US imports (in response to steep new rates on shipments from there to the US) are additional tariffs, the rate for exports of US beef are now 147%, USMEF said.