U.S. pork exports to China 'not viable' due to trade war: Smithfield CEO

CHICAGO (Reuters) - The U.S. pork trade to China is “not viable” after Beijing imposed tariffs on imports of American pork amid the trade war between the world’s two largest economies, said Ken Sullivan, chief executive Smithfield Foods.

“Certainly in the short term here as this trade war has heated up, it’s made the trade with China very difficult - to even stopping at various points - because the tariff that’s been imposed makes it not viable to do that,” Sullivan told Reuters in an interview on Friday.

Smithfield Foods, a division of China’s WH Group (0288.HK), is the world’s biggest pork producer.

Reporting by Michael Hirtzer and Tom Polansek; Editing by Chizu Nomiyama

By Allen Sykora

For Kitco News

Follow @AllenSykoraasykora@kitco.com Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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