Georgia’s pecan farmers are bracing for lower profits during the upcoming harvest.
That is because of a nearly 47 percent tariff China plans to impose on U.S. pecans. Those come in retaliation to the tariffs the Trump administration imposed on Chinese goods in early July.
“The price [of pecans] has gone up in the last 8-10 years to a more favorable profit, and I’m afraid it’s going to set us back a few years if it gets closer to production costs,” Brad Ellis, vice president of the U.S. Pecan Grower’s Association, said. “It’ll take us more time to find another country to offset that.”
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