Paris — Chinese consumers could face higher pork prices in the medium term after Beijing slapped more import tariffs on US agricultural products in its trade dispute with Washington, the Organisation for Economic Co-operation and Development (OECD) and the UN Food and Agriculture Organisation (FAO) said on Tuesday. China said in June it would impose an extra 25% import duty on more than 500 US goods, including soya beans, on July 6. This was in response to Washington’s plan to put duties on $50bn of Chinese goods as the trade dispute between the two economies escalated. The tit-for-tat trade threats have disrupted trade flows across the commodities industry from sorghum to coal and inflated prices of animal feeds such as soya bean meal. China, the world’s largest pork producer and importer, relies heavily on soya bean meal to feed pigs, the OECD and FAO said in their Agricultural Outlook for 2018-27. "Over the medium term, higher tariffs and hence higher costs for soya beans and fee...

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