AMERICAN FOOD INDUSTRY LEADERS WELCOME US-CHINA TRADE DEAL – BUT WILL IT SQUEEZE EUROPEAN EXPORTERS FROM CHINESE MARKETS?
January 1st, 2020
European food and drink exporters to China can be expected to face strengthened competition from American rivals in future, after a preliminary ‘phase one’ trade deal between the USA and China included the reduction in non-tariff barriers to exported US products, including for meat, poultry, seafood, rice, dairy, infant formula and food biotechnology lines. The agreement, which was signed in Washington DC on January 15, also includes important commitments from the Chinese government to increase the value of its imports of agricultural goods from the USA by ...
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