US Beef Disappears from Beijing Menus Amidst China-US Trade War Tariffs
ReutersMay 6, 20252 min35,174 views
12 connectionsΒ·15 entities in this videoβImpact of Tariffs on US Beef Imports
- πΊπΈ US beef is becoming an unaffordable option in Beijing due to China's 125% retaliatory tariffs, on top of existing 22% tariffs.
- π₯© Restaurants like Home Plate BBQ are switching from US beef to Australian beef, which is 40% cheaper.
- π Operations director Charles Duplet notes that market pressures and tariffs have caused beef prices in China to double, leading to depleted stocks.
Broader Implications for Trade and Economy
- π¨π¦ Pork ribs are also being sourced from Canada, indicating a wider shift in supply chains.
- π° Even before the trade war, American beef was expensive due to shortages and China's weak economy, making it difficult for consumers.
- π£οΈ A local student, Yan, enjoys imported beef for its taste but is open to trying beef from anywhere, highlighting a willingness to explore alternatives.
- π A beef supplier in Beijing, speaking anonymously, confirms that Home Plate BBQ's experience is common across the city's restaurants.
Decoupling and Future Trade
- π While US beef exports to China ($125 million monthly) are a small fraction of total trade, their disappearance signals broader trends.
- π― China appears to be intentionally targeting the US farming sector, making it difficult for US farmers to find exemptions.
- π« The beef trade is expected to be significantly blocked, forcing Chinese importers and US exporters to find alternative markets.
- π Economist Intelligence Unit senior economist Tian Chen Shu estimates that 80% of US-China trade is affected by mutual tariffs, deepening the trade decoupling between the two nations.
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Whatβs Discussed
US-China Trade WarUS BeefBeijing RestaurantsRetaliatory TariffsAustralian BeefSupply Chain ShiftChina EconomyTrade DecouplingUS Farming SectorImport Tariffs
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