Smithfield Sees ‘Fluid’ Tariffs Posing Risk to Pork Demand (2)

Smithfield Foods Inc. said growth in pork sales may be disrupted by US President Donald Trump’s tariffs on some of the biggest importers of the meat.

The world’s top pork producer said it expects 2025 sales to increase in the “low-to-mid-single-digit percent range,” but acknowledged tariffs on countries including China, Mexico and Canada could hit demand and pressure prices.

“We are closely monitoring the tariff and geopolitical environment, which is very fluid,” Chief Executive Officer Shane Smith said in a call with investors following the company’s first earnings since a January initial public offering.

Shares for Smithfield fell as ...