UK

British meat processors are complaining about US tariff on pork

Pork

The American market accounts for only 10% in exports but has a value of 23% in British pork exports.

Posted on May 12 ,09:09

British meat processors are complaining about US tariff on pork

The British pork industry is asking the government to step in and negotiate the elimination of tariffs for pork exports in the US market. The tariffs are imposed for all EU pork exports as part of the trade war on Boeing/Airbus dispute but the industry hopes to gain some advantage as the country is on its way to leave the bloc.
In a letter sent to Elizabeth Truss, Secretary of State for International Trade, the British Meat Processing Association (BMPA) ask for a trade agreement with the US, considering that the supply chain disruptions reported in the North American country may help British exporters to gain a larger market share.
"The effect of the tariffs on our pork exports to that market has been devastating with year on year trade falling by 70% in volume and value and this at a time when, in fact, the trade opportunities to the US are increasing. Our export businesses have informed us that the current situation in the US meat industry has resulted in increased demand for imports and that they could significantly increase their export volumes were it not for the additional 25% duty currently in place.
We seek your help in removing or at least suspending the punitive additional tariffs on British pork exports. We believe that the fact the UK has left the EU, along with the good progress being made in reaching a trade agreement with the US, would be a good platform for seeking relief from these tariffs for the UK", wrote Nick Allen, Chief Executive, BMPA.
According to the association, the US pork market is the highest value global market for UK pork exports. For example, China accounts for 70% of the UK's non-EU pork exports in volume but reaches only 58% in value. By comparison, the US takes 10% of the non-EU pork export volumes but those are worth 23% in value.

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