The World on Wednesday - China and US chicken dispute
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The latest in a series of trade disputes between China and the US is over the sale of chickens by the US to China at what the Chinese say is unfairly low prices. The tariffs (a tax on imports) will commence on 13th February. This will make the price of US chicken more expensive in China and therefore less competitive.
The duties will differ across the various main US chicken firms, with Tyson Foods having to pay 43.1% on top of its current Chinese prices, Pilgrim’s Pride an additional 80.5%, and Sanderson Farms an extra 64.5%. These companies sell chicken wings and feet to China, where they are a delicacy.
This is not the first time the two countries have had trade problems; the US recently imposed safeguard duties on Chinese tyres. The WTO is currently investigating this.
To find out more read these articles:
BBC article
Reuters article
New York Times article
WTO
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