financetom
Business
financetom
/
Business
/
China renews export registrations for US pork, poultry plants in relief to farmers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China renews export registrations for US pork, poultry plants in relief to farmers
Mar 17, 2025 8:24 PM

*

China allowed export registrations for U.S. meat plants to

lapse

*

China renews registrations for pork, poultry plants,

groups say

*

Exporters hope Beijing renews U.S. beef plants soon

(Adds details in paragraph 2, 10)

By Mei Mei Chu and Tom Polansek

BEIJING/CHICAGO, March 17 (Reuters) - Beijing has

renewed registrations that allow hundreds of U.S. pork and

poultry facilities to export to China, industry groups said on

Monday, after lapses threatened shipments to the world's largest

meat importer.

Chinese customs website showed that registrations were

renewed until 2030, but those for hundreds of U.S. beef

facilities remain listed as "expired".

The renewals for poultry and pork are a relief to U.S.

farmers and meat companies as they navigate trade disputes with

major agricultural importers, including China and Canada, under

President Donald Trump.

Beijing requires food exporters to register with customs

to sell products in China.

Shipments continued to clear customs from facilities

with lapsed registrations, but U.S. exporters were unsure how

long that would last.

China's customs website earlier showed registrations for

more than 1,000 U.S. meat plants granted by China under the 2020

"Phase 1" trade deal lapsed on Sunday. That was roughly

two-thirds of all those registered.

The trade deal ended the previous U.S.-China trade war with

a pledge from Beijing to boost its purchases of U.S. goods and

services, including meat, by $200 billion over two years. China

did not reach the target, which was agreed shortly before the

COVID-19 pandemic hit.

The U.S. Department of Agriculture did not immediately

respond to a request for comment. The agency previously said

China did not respond to repeated requests to renew plant

registrations, potentially violating the Phase 1 agreement.

"We're pleased to see progress on the pork facilities and

hoping for similar news on beef as soon as possible," said Joe

Schuele, spokesman for the U.S. Meat Export Federation.

The non-renewal for beef plants comes amid Beijing's

attempt to rein in beef imports as it grapples with an

oversupplied market.

Beijing imposed retaliatory tariffs on some $21 billion

worth of American farm goods this month, including 10% duties on

U.S. pork, beef and dairy.

In 2024, the U.S. was China's third-largest meat supplier by

volume, trailing Brazil and Argentina and accounting for 9% of

China's total meat imports. U.S. meat shipments to China reached

$2.5 billion last year, making it the second largest exporter by

value.

Exports of U.S. poultry products have suffered due to

outbreaks of bird flu, but China remains an important market,

Tyler said.

"We needed that market to stay open and these renewals were

very important to that," he said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved