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Demand from health-conscious Chinese underpin world nut prices

Despite high import tariffs, China is still buying from the US

An almond-sorting line at a ranch in California: The U.S. state produces about 80% of the world's supply.   © Reuters

TOKYO -- Health-conscious Chinese are helping to prop up the prices of nuts, in particular, that of almonds as bad weather puts a squeeze on supply.

Chinese demand is so strong that China is even importing U.S.-produced nuts, on which Beijing had hiked already high tariffs to 60% in September in retaliation against similar action from the U.S.

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