Last year China increased tariffs on a large range

first_imgLast year China increased tariffs on a large range of important U.S. fresh fruit imports, including table grapes, cherries, citrus and apples from 10% to 50%, effectively pricing many companies out of what had been a strong growth market.”We don’t know what the next round of retaliation could look like. It’s possible that China would increase tariffs in retaliation even more,” said Owen.”For the products that have already been targeted, I don’t know that it would do a lot more damage, but if they put it on additional products, there could be more impact,” he said, explaining that there were still some U.S. fruit and vegetable products going into China that had not been affected by last year’s tariff increase, mainly processed products.Loss of market opportunityHowever, he said that the longer-term issue for the U.S. produce industry is the ongoing loss of market opportunity, with many farmers having hoped that the trade war would be over by now.”Every time you substitute products from one market to another market, you’ve got to fight to get those markets back. So the longer you’re out of a market then the more you have to fight to come back in,” he said.”So the Chinese buyers are looking for products from other countries to fill that void, and the longer that happens or the longer the trade war continues then the market kind of shifts and readjusts with the reality.”Owen said that the overall mood in the U.S. produce industry was “frustration” of not knowing what the end goal is with this escalating trade war. There is also the sense that fruit and vegetable growers are getting “caught in the crossfire”, he said.But he was hopeful that both sides would reach a deal that could end the trade war and allow the countries to move forward. May 10 , 2019 Chinese cherry production, imports to rise in 2019 … Chinese market apple shortage leads to highest pri … Japanese apple saplings reportedly sold illegally … last_img read more