China ready to tack on more tariffs on US potatoes starting Sept. 1
This morning, China responded to prior U.S. tariff threats by releasing a new list of targeted American products. Among them were new tariffs on potatoes and potato products.
— National Potato Council
“(The National Potato Council has) been urging all sides to come to the negotiating table rather than continue ratcheting up the pressure. A reasonable agreement can be achieved, but talks need to replace threats in the very near future,” said Kam Quarles, National Potato Council CEO.
The new tariffs are in two phases:
Sept. 1
An additional 10% on U.S. fresh potatoes, seed potatoes, frozen potatoes, potato flour, meal and powder.Dec. 15
An additional 10% tariff on U.S. potato flakes, granules and pellets and other dehydrated potatoes.U.S. frozen fries will be subject to an additional 5% tariff