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    Home > Active Ingredient News > Feed Industry News > In the face of trade war, China's three major fists against the United States, pork, corn, soybeans began to reverse.

    In the face of trade war, China's three major fists against the United States, pork, corn, soybeans began to reverse.

    • Last Update: 2020-07-23
    • Source: Internet
    • Author: User
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    OA show ('918 '); background: since April, the trade war between China and the United States has become increasingly fierce due to the volatility of the United States, and the relevant markets have gradually become rational after a significant shockOn June 15, the United States announced once again that it would impose high tariffs on China's $50 billion imports, and the war on trade resumedAfter the Dragon Boat Festival, the trade friction between China and the United States escalatedChina announced that it would levy 25% tariff on various agricultural products of the United States, including corn, soybean, sorghum, barley, etcH8x Food Import Supervision strengthens h8x because China has strengthened Food Import Supervision, many American agricultural products do not meet China's import standards, and a large number of agricultural products are returned to the United StatesThe loss of American farmers is heavy, a large number of agricultural products are forced to store at home, unsalable seriouslyIn January 2018 alone, h8x cancelled US agricultural orders worth US $40 millionH8x soybean counterattack: the import tariff on soybeans of Asia Pacific countries was reduced to zeroOn June 19, the State Council of China announced that it would reduce the import tariff on soybeans of some Asia Pacific countries, and released a list of products with other tariff reductionsH8x China will reduce the import tariff rate of soybeans from India, South Korea, Bangladesh, Laos and Sri Lanka from 3% to zero from July 1The list also includes chemicals, agricultural products, medical supplies, clothing, steel and aluminum products, which have received varying degrees of tariff reductionsH8x China also imports soybeans from Brazil, Russia and other countries in an effort to increase soybean import sourcesH8x h8x corn counterattack: a large number of cancellations of US corn import orders h8x currently domestic corn supply mainly relies on temporary storage auctionAs of the end of June, the amount of corn that has been traded but has not yet been delivered is still over 30 million tons, and the corn market is well suppliedH8x the quota system is applied to the import of corn in China, and the import quota within the tariff is 7.2 million tonsSince 2016, Ukraine has imported more than 80% of China's total corn imports, while the U.Scorn imports and the proportion of imports have declined significantly After imposing import duties on American agricultural products, the import of corn to the United States will be greatly reduced, and the import of corn from other countries will be increased Before the trade war, China had been the largest exporter of corn to the United States, consuming nearly a quarter of the corn in the United States In 2017 alone, we imported 2.83 million tons of corn That is to say, if we reduce the import of corn from the United States, there will be 700000 tons of corn in the United States that cannot be sold to China, and we will face the dilemma of unsalable H8x is not the first time that China has cancelled American corn import orders on a large scale, but the United States still refuses to repent and does not find its own reasons It also wants to continue fishing in troubled waters and muddle through customs There is no such cheap thing In 2013, we returned millions of tons of genetically modified corn to the United States During the inspection of corn imported from the United States, the customs monitoring department found that there were also unauthorized miri62 genetically modified ingredients in these corn, which were ordered by China to return China has repeatedly reiterated that the imported corn can not contain these genetically modified ingredients, but the United States pretends not to hear it and acts on its own For the same reason, another 1124000 tons of GM maize were returned in 2014 H8x h8x pork counterattack: the total tariff on imported pork from the United States is 88% On April 2, China imposed 25% tariff on most American pork products and 15% tariff on many fruits and nuts The purpose is to respond to the tariff policy of the United States on Chinese steel and aluminum products Last week, the Chinese government added pork and fruit products from the United States to the list of products that will be subject to the second round of tariffs on July 6 At present, no other American products have been subject to tariffs twice in a row According to information released on the official website of the Ministry of finance of China last week, at present, pork faces 71% of the cumulative import tariff, which does not include value-added tax; the cumulative import tariff of fruit has reached 50% Add a 10% value-added tax and China's total tariffs on U.S pork will reach 88% next month, according to an industry expert The profit margins of some of the largest U.S pork processors are at their lowest levels in three years, driven by rising pig prices and growing concerns about trade disputes between China and the United States, as well as between the United States and Mexico What makes the situation more serious is that most people in the industry do not know exactly how to calculate the new tariffs, so that they do not know how to prepare for the impact of tariffs H8x50 billion + 200 billion + 200 billion, from tariffs, to intellectual property protection, to made in China 2025 The United States is stepping up its efforts, which is also an unprecedented challenge for China on economic and trade issues However, we have been looking for other ways to solve the challenges As the animal husbandry industry, the most important thing is the rising price of soybean meal On the one hand, China is expanding the cultivation of domestic soybean, and on the other hand, it has reduced the import tariff of many countries to zero, and we will also find more ways to replace soybean meal, which will certainly solve this problem! H8x (author: Ruonan)
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