China no longer ‘viable’ for Smithfield Foods exports due to tariffs, executives say
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China no longer ‘viable’ for Smithfield Foods exports due to tariffs, executives say
President Donald Trump’s escalating trade war with China has made the country a nonviable export market for Smithfield Foods, CEO Shane Smith and other executives said during an April 29 conference call with shareholders to discuss the company’s first quarter financials. It’s the company’s second quarterly release since its United States stock began trading on the Nasdaq Global Select Market, and the first glimpse into the company’s performance …
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