Reference News website reported on May 15 that according to a report from the Wall Street Journal's website on May 13, there are few industries whose practitioners are as happy about the U.S.-China tariff agreement as the pistachio growers in California.

Previously, after Trump reignited the trade war with their largest client, China, growers in California's Central Valley, known as the U.S. pistachio capital, had been worried about suffering devastating losses.

Stuart Wolff, executive chairman of pistachio farming enterprise Wolf Farms, said: "This is definitely good news. Life will get better under reduced uncertainty, and growers certainly welcome the current development."

The report pointed out that just like during Trump's first term, American farmers were once again affected by the trade war - the trade war at that time caused more than $27 billion in agricultural export losses and prompted the government to launch an emergency industry rescue.

According to federal data, since 2017, the value of U.S. pistachio exports to China has surged 20 times, rising from $42 million to $842 million last year, accounting for nearly 30% of the total U.S. pistachio output (about $3 billion).

Industry officials said that Chinese consumers have a great fondness for pistachios due to their taste and health benefits.

The report noted that under the leadership of Central Valley, America's pistachio production continues to rise. According to Western AgriBank, after reaching a peak of about 680,000 tons in 2023, U.S. pistachio production is expected to exceed this number in 2025.

Dave Pylus, president and CEO of the Western Growers Association, which represents pistachio and other crop growers, said on May 12 that the new tariff agreement would generate expectations for "market access for U.S. specialty agricultural products shifting from a temporary state to a permanent feature of our trade relationship with China."

Pistachios have long been largely a success story, becoming the third largest agricultural export product in California, the largest agricultural state in the United States, after almonds and dairy products. Like many other industries, U.S. pistachio growers have deepened their reliance on China.

In recent years, with many California farmers entering the industry due to the drought resistance of pistachios and their relatively high crop value, pistachio prices have come under pressure.

William Burdo, 50, bought a small farm two years ago, where the pistachio orchard accounted for three-quarters of the farm's income, despite occupying only one-fourth of the farm's area.

After the news of the tariff agreement on May 12, Burdo said: "This agreement can stabilize the market, protect investments, and strengthen America's food security." (Translated by Cao Weiguo)

Original article: https://www.toutiao.com/article/7504512346182713866/

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