Statement from US trade representative
The US trade representative is out with the statement saying that the US agricultural Sec. welcomes China’s lifting of the ban on US poultry products.
- American farmers will now be able to export an estimated more than $1 billion worth of poultry products to China annually
The Pres. is looking for China to say that they agree to buying up to $50 billion in US soybeans, pork and other agricultural products annually. China does not want to put a numerical commitment in the text of the potential agreement.
The $1 billion number cited for poultry seems kinda paltry…doesn’t it?
China is lookng for protein after a fatal hog disease killed millions of pigs (China loves pork). However, China has had a 5 year ban on poultry imports from the US. So I guess it is a nice gesture.