They want cherries
Saturday, July 28, 2012
View full versionFor some cherry growers in North Central Washington, it’s been a sadly soggy and breezy month. The fortunate growers, however, may see their produce satisfy cherry hunger around the world, most recently in South Korea.
That’s significant, because we grow the best sweet cherries in the world and South Koreans want them, but heretofore were priced out of the market by protectionist policy and high tariffs. That ended this year as the newly approved free trade agreement went into effect. A 24 percent tariff disappeared and cherry shipments to South Korea doubled, from 171,000 boxes last year to 368,000 this year, with a month to go in the season. South Koreans who couldn’t afford $13 a pound for Bings and Rainiers suddenly saw them within their financial reach.
So it goes with free trade. It’s a sweet deal for South Korean consumers, no longer penalized for their desires, and Washington exporters, who absent barriers usually find willing customers. We could do with more of this.
This is the opinion of The Wenatchee World and its Editorial Board: Publisher Rufus Woods, Editor Cal FitzSimmons and Editorial Page Editor Tracy Warner.
Comments
Want to comment on this story? All Wenatchee World members are invited to comment on stories, by using the form below. Please know that we at wenatcheeworld.com hope our site is useful, entertaining and civil. So we'll delete comments that are obscene, abusive or way off topic. We appreciate it when readers use the "suggest removal" button to flag inappropriate comments. For more about interacting with the site, see our Use Policy.
Suz 10 months, 3 weeks ago
Great news for the cherry growers and the South Koreans too. Looks like this is one tax reduction that will actually create a few jobs.
Sign in to comment
Or login with:
OpenID