date:May 30, 2022
by decreased market access.
The U.S. apple industry has been hit particularly hard with the loss of exports, which had accounted for about $1 billion worth of apples annually, roughly one-third of the countrys crop. On the whole, the U.S. apple industry has seen a 19% loss of exports since 2018. The biggest of those losses is India, where exports have decreased by 86% (see chart). China follows with an 18% loss of exports.
The retaliatory tariffs in response to the U.S.s tariffs have crushed a