California’s Almond Industry Reeling From Tariffs AgDay, India tari

Besides meeting with China, President Trump also met with his Indian counterpart at the G-20. The meeting happening just as India imposed new retaliatory tariffs on U-S products. India this month imposed tariffs on almonds and 27 other American products, including apples and walnuts, in retaliation for the U-S tariffs on steel and aluminum.

Those tariffs, which took effect June 16, come on top of significant tariffs China placed on almonds last year. In California, almond growers are nervous about the uncertainty. California supplies 82 percent of the world’s almonds and has almost 7,000.

The tariffs add about 12 cents per pound to shelled almonds, a 20 percent increase. The hit from China tariffs was even bigger. The country imposed 50 percent tariffs on U.S. almonds. According to the almond board, exports fell by about a third.