Turkey’s increased tariffs on American-grown almonds spur concerns
A U.S. bipartisan delegation called for immediate action against Turkey’s recent decision to increase tariffs on American-grown almonds.
The move is a significant setback for American farmers, workers and the domestic almond industry. The bipartisan delegation has urged the White House and Congressional leadership to prioritize this issue in ongoing trade discussions with Turkey.
According to recent reports, Turkey plans to raise the most-favored-nation (MFN) duty on U.S. inshell and shelled almonds by 15%. This, coupled with Turkey’s existing 10% retaliatory tariff, will result in a staggering 25% tariff on U.S. almonds. Such an increase unfairly benefits other almond-producing countries like Australia, Spain, Uzbekistan and Iran, giving them an unjustified competitive edge in the Turkish market.
The U.S. and, especially, California, which is the epicenter of global almond production, will be disproportionately affected by this tariff hike. The state accounts for nearly 80% of the world’s almond supply, with 91% of almond farms being family-operated. The almond industry is a significant job creator, especially in California’s economically challenged Central Valley, contributing billions to the U.S. economy.
For more information, visit almondalliance.org.