三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

Tariff row savages US pecan farmers

Xinhua | Updated: 2018-07-30 10:59
Share
Share - WeChat
A US pecan farmer shows green pecans at his plant in Georgia, the United States, earlier this month. He worries that the ongoing China-US trade disputes will affect his business. [Photo/Xinhua]

OCILLA, Georgia - In the United States, on average, a third of all pecans grown are exported to China. But, for Randy Hudson, a US pecan farmer in the leading producing state of Georgia, the amount is much more: practically all of his crop goes across the Pacific.

"I can tell you this - 99 percent of our production goes to China ... We've had a great working relationship with China over the years," Hudson said. However, the US-led hike in tariffs is threatening to undo all that, leaving farmers like Hudson counting the cost.

On July 6, the US added a 25 percent tariff on $34 billion worth of Chinese imports, claiming that an additional tariff on $200 billion worth of goods is in the pipeline. Beijing responded in kind, hitting US products, including pecans.

"I've just begun a project to expand my storage room and pecan processing power three-fold last year," Hudson told Xinhua. Like most US farmers expanding their business, Hudson is heavily in debt, with the almost $10 million project financed by loans.

Hudson said he was aware of Trump's campaign slogans in 2016, which called for tougher action against other countries that were "treating the United States unfairly," but "we never thought we would reach this level of intensity", said Hudson, whose family has grown pecan for over 150 years.

Pressured by sluggish domestic demand for pecan in the late 1990s, Hudson set out to seek new fortunes in the Middle East, India and China. Unexpectedly, China responded enthusiastically to the product, which was completely new to the market.

Over the following decades, pecan sales grew "exponentially" in China, which allowed Hudson to gradually expand his pecan farm size from a few hundred acres to 2,500 acres.

Pointing to a sizable collection of Chinese souvenirs and gifts in his office, Hudson said he has traveled to China more than 100 times, and had managed to forge strong ties with his Chinese partners.

Now, Hudson sells over $20 million worth of pecan to China every year, yet the newly imposed tariffs will not only put his farm under severe financial strain, but also threaten to halt a booming pecan trade enjoyed by both US farmers and Chinese consumers.

Hudson was not the only one worrying about the impact of the tariffs on farmers and agriculture. A drive around Ocilla, where pecans are most densely grown, will leave you bewildered by acres of newly planted seedlings, he said.

Hudson said the new trees are popular varieties in China, either producing large nuts or giving early harvests that can enter the market just in time for the Chinese New Year.

With the unexpected tariff, all of the efforts are put in jeopardy. Georgia Pecan, a bi-monthly magazine run by a local association, noted in a recent article that US pecans are facing strong competition from other major growers, such as Mexico and South Africa.

"It is obvious in the near future that US growers will have serious competition for a limited Chinese market, with the worldwide production of export quality pecans exceeding the current demands of the China market," the article warned.

Hudson estimated that 30-40 percent of his sales will evaporate, registering a loss of $5 million to $8 million, significantly higher than his profit margin. In addition, imported parts that are crucial to the farming may also become more costly, further squeezing Hudson's margin.

"We're the collateral damage for a much bigger fight," Hudson lamented, saying that repeated appeals to lawmakers were not responded with concrete moves to steer the White House away from imposing tariffs.

"Only those of us who are most directly affected, the hog farmers, the wheat growers, the cotton and peanut growers... All of us are just now beginning to realize that this thing is real and that it's going to impact us directly," he said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 尤物精品在线观看 | 99爱在线精品视频免费观看9 | 国产亚洲综合色就色 | 亚洲免费高清 | 日韩一级片免费 | 中文字幕日本一区久久 | 色婷婷丁香六月 | 国产精品免费视频一区一 | 国产人成精品综合欧美成人 | 奇米影视狠狠久久中文 | 国产精品白丝喷水在线观看 | 一级作爱视频免费观看 | 一级黄色录像免费 | 国产一区二区三区不卡免费观看 | 一 级 黄 中国色 片 | 被黑人操 | 国产在线看片网站 | 国产初高中生厕所小便 | 免费爱爱视频网站 | 啪视频| 亚洲欧美一区二区三区综合 | 一级做a爱过程视频免 | 日韩亚洲欧美性感视频影片免费看 | 国产精品久久久久这里只有精品 | 日本a级特黄特黄刺激大片 日本a黄 | 特别福利视频在线观看 | 国产亚洲综合精品一区二区三区 | 三毛片 | 日韩在线一区二区三区免费视频 | 久久精品免看国产成 | 一级毛片免费视频日本 | 在线观看222www | 精品国产三级a∨在线观看 精品国产三级在线观看 | 日本高清不卡一区久久精品 | 久久国产精品国产自线拍免费 | 日本一本高清视频 | 亚洲4区| 在线网站你懂的 | 狼色视频在线观看 | 小明永久免费 | 久久97久久97精品免视看秋霞 |