Rising costs and late crops take big bite out of fruit air exports
Despite lockdowns and severely restricted airfreight capacity, Chinese consumers have not lost their appetite for ...
© Jim Cottingham
By Ian Putzger
Weighed down by almost 50% tariffs, US cherry exports to China have fallen, but the pain for growers has been mitigated by a combination of lower volume and a resilient domestic market.
However, for air freight operators this year’s cherry season has been a setback.
US cherries took a heavy hit from the tariffs Beijing imposed on a number of US commodities, worth a total of $34bn.
Having slapped a 15% tariff on top of the existing 10% in early April, the Chinese ...
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