US pork exports to Panama are off to a red-hot start for 2019,
but now face additional tariffs. Gerardo
Rodriguez with the US Meat Export Federation says export volume to Panama has
already exceeded 130 percent of the tariff rate quota that is included in the
US-Panama Trade Promotion Agreement. “This
is a result of people looking more and more for the product,” he says. “And more interest in finding US pork.”
Rodriguez says higher tariff rates will negatively impact
some exports to Panama, but he doesn’t expect demand to completely dwindle. “We also work with a certain niche who value
what the product is about,” he says. “And
they will continue to buy the product.”
The higher tariff rates on US pork were implemented April 1 and will remain in effect through the end of the year.
Continue reading US pork exports to Panama are surging at Brownfield Ag News.
