Trump, trade and feeding China’s pigs
ONE OF THE many legacies of Donald Trump’s first trade war with China is that pigs in the country now have a more varied diet. In response to Mr Trump’s tariffs on Chinese goods in 2018, China imposed a 25% levy on American farm products. That included soyabeans, which China uses for protein in animal feed. Much of the levy was waived in 2019, but the damage was done. When Mr Trump’s first term began, some 40% of China’s soyabean imports came from America. As he prepares for his second, only 18% do.