Taiwan’s government is pushing back against speculation that cheaper U.S. citrus imports could hurt local growers.
Taiwan says a new trade agreement lowering tariffs on American mandarins is unlikely to disrupt the market. The country’s Ag Ministry says U.S. imports account for just one percent of domestic consumption and arrive during Taiwan’s off-season.
They also point to higher prices for imported fruit and say local mandarins still hold an advantage in freshness, flavor, and supply.
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$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.