US Domestic Support Policy on China-US Animal Husbandry Trade

Abstract

In recent years, trade exchanges between China and the United States have become increasingly frequent, especially in the livestock industry, which has been the major trade product between the two countries. By Comparing the production and trade between two countries, this paper reviews the United States domestic support policies and analyzes the impact of those policies and its counter benefits to China. Sino-US pork trade has both comparative advantages and resources endowment advantages, which is in great development potentials. Research finding shows that in the China-US animal husbandry trade, China should moderate imports and use the international market to regulate the supply of animal products, speed up the process of moderate scale and enhance the competitiveness of the industry, improve livestock subsidies to ensure domestic production capacity and guide agricultural enterprises to invest abroad and promote Sino US cooperation in animal husbandry industry. Finally, the author puts forward some suggestions and countermeasures .