China prolongs Beikan probe before Washington summit

China has extended the anti-dumping investigation into American and Mexican pistachio imports, which began last year, until March 25, 2024, instead of concluding in September 2023. This decision comes ahead of an anticipated visit by Chinese President Xi Jinping to Washington and aims to gather more data related to the investigation, which imposed provisional tariffs on imports—up to 54.3% on American companies and between 17.8% and 51.6% on Mexican ones. Despite the importance of the Chinese market, U.S. pistachio imports were valued at $93.1 million in 2023. The tariffs increase the cost of entering the market, reflecting a bargaining chip amid trade tensions between China, the United States, and Mexico, especially as efforts continue to manage trade disputes without fully escalating, particularly in agricultural sectors.

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