President Donald Trump collected a win in the ongoing trade war with China on Thursday as the communist nation announced that it was lifting a five-year ban on U.S. poultry effective immediately.
“The decision out of Beijing is effective immediately and the announcement sent shares of major U.S. chicken processers, Sanderson Farms, Tyson Foods and Pilgrim’s Pride to new highs for the year Thursday,” The Associated Press reported. “The Chinese market looks especially promising for U.S. poultry producers because an outbreak of African swine fever has devastated a competing protein in China: pork.”
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