Global Tariffs Shake California Almond Industry
California’s almond industry is facing renewed pressure after China and the European Union imposed new tariffs on U.S. agricultural imports.
China, once the top market for California almonds, slashed imports by 37% last year compared to 2018, following steep retaliatory tariffs. The EU, which bought $1.2 billion in almonds last year, has now introduced its own duties.
California grows 80% of the world’s almonds, with 70% exported. As global prices fall and production costs rise, growers are questioning the long-term future of almond farming.
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