On March 12, 2025, Smithfield Foods CEO Shane Smith stated that China is expected to remain the best market for U.S. offal products, despite increased trade tariffs. This commentary came after China retaliated against U.S. tariffs with hikes on $21 billion worth of American agricultural and food products.
Smith acknowledged that tariffs complicate the pork business, particularly in selling all parts of a pig. The company is navigating a complex trade environment following recent tariff announcements by the U.S. President on goods from China, Mexico, and Canada.
Despite the challenges, Smithfield Foods continues to assess its export strategies to maintain market access for its products. The company's ability to adapt to these trade dynamics is crucial for its international sales.
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