China cancels American pork imports in definitions

China I canceled thousands of tons Pork from the United States Because of the high definitions imposed in the midst of the trade war between the two countries.

This scale is the largest cancellation of American pork orders by China since 2020.

Beijing’s decision responds to an additional tariff of 125 percent of taxes on American products imports, in response to this 145 percent customs tariff Washington applies to Chinese products.

This has greatly increased the American products in the Chinese market, which reduces their competitiveness compared to other suppliers.

We recommend: the European Union and China are awaiting the disposal of definitions before the start of negotiations.

Air -affected products

In addition to pork, other American exports were affected by thisScalaada tariff. Example exports to China have stopped, allowing countries like Australia to fill the void that the United States left in the Chinese market.

The American agricultural sector also faces great challenges. For example, Kentucky farmers have suffered a decrease in demand for China’s bean by China, the main global buyer, who suffers from depression Prices and profitability.

In addition, historical floods in the region exacerbated the situation, which delayed agriculture and affecting crop cycles.

The aviation industry was not immune to commercial tensions. Boeing faces A negative Chinese airline To accept the delivery of approximately 50 aircraft, valued at more than one billion dollars, due to definitions and commercial tensions.

We recommend: The European Union imposes new rates on Chinese ships to protect the marine industry.

Despite these cancellation and restrictions, the Trump administration announced that there are no active negotiations with China to resolve customs tariffs. A spokesman for the Chinese Ministry of Commerce confirmed this currently There are no economic negotiations No commercial between the two countries.

The tariff climbed had a major impact on the American economy.

According to the Tax Corporation, the customs tariff imposed and the headquarters of the income is to increase by 2025 reduce income after taxes by an average of 1.2 percent, which is equivalent to the average tax of about 1,243 Daalres per home in the United States.

Orp