Tag: blocking market access by imposing steep tariffs exceeding 100 percent and revoking export licenses for hundreds of American meat processors.

Today, China abruptly cancelled all imports of U.S. beef, blocking market access by imposing steep tariffs exceeding 100 percent and revoking export licenses for hundreds of American meat processors. This move instantly disrupted trade flows and wiped out access to what had become the third-largest destination for U.S. beef exports. The sudden cancellation cuts off…

Read More “Beef exports to China termed. Huge 2nd & 3rd Order Effects to Follow” »