The ongoing trade conflict between the United States and China is altering global trade patterns, with India emerging as a potential market for rerouted goods. This shift may influence the pricing of fresh produce in India, particularly in regions like Jammu & Kashmir (J&K).
As American apples and almonds lose access to Chinese markets, analysts suggest these products might be redirected to India, potentially at lower prices. This could impact Kashmir's apple growers, who may face competition from imported American produce. US farmers, unable to sell to China, might offer discounts to Indian buyers on almonds, walnuts, and apples.
The California almond industry is particularly affected, with potential price reductions in India for these dry fruits. On the other hand, certain imports might become more expensive due to the trade war's indirect effects.
Source: Ziraat Times