The F&B Products being Affected by Trump's Trade War

It's not just Tech Companies like Huawei that are feeling the heat

created 27 May 2019
tags
Business
Food
Trade
Trump
The F&B Products being Affected by Trump's Trade War

With recent buzz about Huawei's ban from using Google's services, what other casualties are there as a result of Trump's aggressive global Trade War? Since this is a blog that focuses on the F&B industry, we'll let the tech experts weigh in on the whole Huawei issue and we'll be providing some information on the F&B products that are taking a hit because of the Trade War.


Trade War Background

Trump has implemented a policy of tariffs that target a variety of foreign goods such as [1] "foreign steel and aluminum, tech goods and other consumer products made abroad." Because of this, some of America's major trade partners have started to feel the heat and are now retaliating with some tariffs of their own. Trade partners that are less-than-pleased with the US include Canada, China, the European Union, and Turkey.


CANADA - $12.8 billion worth of American goods affected


After the US slapped a tariff on steel and aluminium imports, Canada implemented some tariffs of their own on American goods. Below is a list of products affected by economic hostilities between Canada and the US. 

[3]

  • Coffee (not decaf): 10%

  • Maple sugar and maple syrup: 10%

  • Candy, including licorice, toffee, and chocolate bars: 10%

  • Pizza: 10%

  • Cucumbers and gherkins: 10%

  • Strawberry jam: 10%

  • Orange juice (fresh, not frozen): 20%

  • Soy sauce: 10%

  • Ketchup and other tomato sauces: 10%

  • Mayonnaise and salad dressing: 10%

  • Quiche: 10%

  • Other condiments, seasonings, and sauces: 10%

  • Soups and broths: 10%

  • Water, including mineral, carbonated, and flavored: 10%

  • Dairy

  • Whiskey


EU - $3.3 billion worth of U.S. goods affected


Similarly to Canada, the EU was not pleased with America's sharp tariffs on steel and aluminium imports. As such, they put into effect their own tariffs. Below are the F&B goods affected.

[4]

  • Corn: 25%

  • Kidney beans: 25%

  • Rice: 25%

  • Peanut butter: 25%

  • Orange juice: 25%

  • Cranberries: 25%

  • Whiskey and bourbon: 25%

  • Vegetables

  • Ketchup


MEXICO - $3 billion worth of American goods affected


Mexico also put heavy countermeasures into effect after Trump's aluminium and steel tariffs were implemented. Mexico has taken things a step further by actually targeting goods produced in US states that support Trump. Below are the F&B items affected. 

[5]

  • Apples: 20%

  • Bourbon: 25%

  • Cheese, fresh (including cottage cheese): 25%

  • Cheese, including Parmigiano Reggiano, Edam, Fontina, Gouda, Havarti, Taleggio: 20%

  • Cheese, grated or powdered: 20%

  • Cranberries: 20%

  • Pork (including legs, shoulders, and ham): 20%

  • Potatoes: 20%


CHINA - At least $60 Billion worth of American goods affected


The trade war between the US and China may be the fiercest of the lot. Since the two global superpowers both have plenty of leverage, neither is willing to back down from the Trade War, and each seems to be implementing more and more tariffs in retaliation to escalating tensions. Below are the F&B products affected by the US-China trade war. 

[6]

  • Abalone

  • Almonds (shelled and unshelled)

  • Apples (fresh and dried)

  • Apricots (fresh and dried)

  • Artichokes

  • Asparagus

  • Avocados (fresh and dried)

  • Baked goods including pastries, cakes, biscuits

  • Bamboo shoots

  • Bananas (fresh and dried)

  • Beans

  • Beef and beef products

  • Beets

  • Betel nuts:

  • Bilberries

  • Blackberries (fresh and frozen)

  • Brazil nuts (shelled and unshelled)

  • Brussels sprouts

  • Butter

  • Cabbage

  • Candy

  • Cantaloupe

  • Carambola (starfruit)

  • Carob

  • Carrots

  • Cashews (shelled and unshelled)

  • Catfish

  • Cauliflower

  • Caviar

  • Celery

  • Chayote

  • Cherries

  • Chestnuts

  • Cheese

  • Chickpeas

  • Chili peppers

  • Clams

  • Cockles

  • Coconut (dried, without inner shell, and other)

  • Cod

  • Coffee

  • Cooking oil, including soybean, coconut, and corn

  • Corn and corn products

  • Cowberries

  • Crab

  • Cranberries

  • Crawfish and crayfish

  • Currants (frozen)

  • Cuttlefish

  • Dates (fresh and dried)

  • Durian

  • Eel

  • Eggs

  • Figs (fresh and dried)

  • Fish and fish products (including live, fresh, frozen, fish sticks, fish balls, fish pastes, and preserved fish)

  • Frog legs

  • Fruit and vegetable juices (including apple, pear, pineapple, tomato, grapefruit, etc.)

  • Fruit pastes, purees, jams, and jellies

  • Garlic

  • Gooseberries (frozen)

  • Grapes: 15%

  • Grapefruit: 15%

  • Guava (fresh and dried)

  • Hazelnuts (shelled and unshelled)

  • Honey

  • Jellyfish

  • Jicama

  • Kale

  • Kiwi

  • Lamb

  • Leeks

  • Lemons

  • Lentils

  • Liquor

  • Limes

  • Lobster (live, fresh, and frozen)

  • Loganberries

  • Longan (fresh and dried)

  • Lotus fog

  • Lychee (fresh and dried)

  • Macadamia nuts (shelled and unshelled)

  • Mango (fresh and dried)

  • Mangosteen (fresh and dried)

  • Mei qiang and li gan

  • Mulberries (fresh and frozen)

  • Mushrooms

  • Mussels

  • Nectarines

  • Oats

  • Octopus

  • Offal (including deer, rabbit, and bovine animals)

  • Okra

  • Olives

  • Onions

  • Oranges (fresh and dried)

  • Orange juice

  • Other citrus (including clementines, mandarins, pomelos, and satsumas)

  • Other fresh, dried, frozen, and preserved fruits and nuts

  • Oysters

  • Papaya

  • Pasta

  • Peaches

  • Peanut butter

  • Pears

  • Peas

  • Persimmons (fresh and dried)

  • Pineapples (fresh and dried)

  • Pine nuts

  • Pistachios (shelled and unshelled)

  • Pitaya

  • Plantains (fresh and dried)

  • Plums

  • Pork (fresh and frozen including but not limited to pork chops, liver, head, legs, and casings)

  • Poultry

  • Prunes

  • Radishes

  • Raisins

  • Rambutan

  • Raspberries (fresh and frozen)

  • Rice (including brown, glutinous, and other varieties)

  • Rose hips (frozen)

  • Rutabaga

  • Salmon, Atlantic

  • Sardines

  • Sauerkraut

  • Scallops

  • Sea cucumber

  • Sea urchin

  • Seaweed

  • Sesame seeds

  • Shark fin

  • Shrimp

  • Squid

  • Snails

  • Sorghum

  • Soybeans (yellow and black)

  • Spinach

  • Strawberries (fresh and frozen)

  • Sweet potatoes

  • Taro

  • Tea

  • Tilapia

  • Truffles

  • Tuna

  • Turnips

  • Walnuts (shelled and unshelled)

  • Water chestnuts

  • Watermelon

  • Wheat

  • Whey protein

  • Whiskey

  • Wine and sparkling wine


TURKEY - $267 million worth of American goods affected


Like most others on this list, Turkey's implemented tariffs come in retaliation to the steel and aluminium tariffs imposed by Trump. The F&B items affected can be found below.

[7]

  • Fruit

  • Walnuts

  • Rice

  • Whiskey


[1] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[2] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[3] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[4] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[5] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[6] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu

[7] https://www.eater.com/2018/7/18/17527968/food-tariffs-trump-canada-china-mexico-eu


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