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Podcast: Almond Journey
Episode: Almond Byte, May 2023: Tariff Impacts, Transportation Update, Decree 248
Description: Highlights from the May 2023 Global Update from the Global Technical and Regulatory Affairs team at the Almond Board of California. Economic Impact Analysis of Retaliatory Tariffs on Exports of California AlmondsCalifornia almond exporters have been increasingly frustrated about favorable tariff conditions for Australian almonds while U.S almonds continue to suffer under retaliatory tariffs. Australia has a free trade agreement with China, reduced tariff treatment with India, and may soon have a zero tariff going into the E.U. Dr. Steinbach of UC Davis, using demand elasticity analysis, concluded that retaliatory tariffs cost the...