Economics
China Keeps Gorging on U.S. Pistachios Despite Tariff Threat
- Weak crop from Iran helps sustain Chinese demand for the nut
- Levies have been lower than expected, more pain may be coming
Photographer: Getty Images
This article is for subscribers only.
Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.
U.S. pistachio growers like Jim Zion braced for the worst last year when the nut got caught up in America’s escalating trade tensions with China -- complete with potential tariffs of as much as 45 percent.