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“The additional 10% (or 25%) duty proposed for pine nuts would cause severe harm to the product lines of US food manufacturers who use pine nuts as an ingredient. Giovanni Rana is an example of an SME that uses pine nuts in its manufacture of pesto sauce. Pine nuts make up a high percentage of the recipe for Rana’s pesto products. Food manufacturing and sales is a low margin business, so that a 10% ingredient price increase would destroy the profitability of the pesto line of products. In turn, closing these lines would cause US job loss…The manufacturing process that now takes place in the US (not in China) would move outside the US to avoid the duty. In other words, the tariff would move existing US food manufacturing jobs outside the US without harming China.. A price increase on food products felt at US grocery stores as shoppers check out
would harm US consumers.”