(SRN NEWS/REUTERS/97.5 GLORY FM)
Export registrations for more than 1,000 U.S. meat plants granted by China under the 2020 “Phase 1” trade deal lapsed on Sunday, China’s customs website showed, threatening U.S. exports to the world’s largest buyer amid an ongoing tariff standoff.
The registration status for pork, beef and poultry plants across the U.S., including some owned by major producers such as Tyson Foods, which has poultry plants in Cumming, Dawson, Rome and Cuthbert in Georgia was changed from “effective” to “expired”, according to the website of China’s General Administration of Customs.
The expiration of roughly two-thirds of the total registered facilities could restrict U.S. market access and lead to losses of roughly $5 billion, adding to the challenges faced by American farmers after Beijing imposed retaliatory tariffs on some $21 billion worth of American farm goods this month.
You can read the full story here: US meat exports at risk as China lets registrations lapse – SRN News