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3. Is U.S. beef now cheaper in China than in the U.S.?
Also no. In fact, the opposite is true:
Following tariff escalation and regulatory hurdles, U.S. beef exports to China have largely halted. Many U.S. processing plants lost eligibility to export to China, and licensing issues remain unresolved
Pro Farmer
Reuters
News.com.au
thecattlesite.com
Fortune
Expana
ABC
Yahoo Finance
.
In Beijing and other parts of China, Australian beef has stepped in as the primary replacement, often priced about 40% cheaper than U.S. beef after accounting for tariffs
Reuters
.
Tariffs on U.S. beef to China are extremely steepβup to 147% total (135% in retaliation plus a 12% baseline)
Yahoo Finance
. These make U.S. beef prohibitively expensive for Chinese importers.
Bottom Line
Claim: All U.S. beef processors were sold to Chinese under Biden. False
Claim: U.S. beef is cheaper in China now. False
Real reasons for rising beef prices in the U.S.: domestic inflationary pressures, market consolidation, supply constraints.
U.S. beef in China: Severely restricted or halted due to high tariffs and regulatory barriers; replaced by Australian beef, which is cheaper in China.