The lemon juice industry here in South Africa is leaving a sour taste in the mouths of American manufacturers of the same fruit juice. The local lemon juice industry is now at risk of being slapped with tariffs if investigations that are being conducted in the US show that South Africa is dumping cheaper lemon juice and unfairly benefiting from higher profit margins compared to their American counterparts.
In the worst-case scenario that you will be, as the industry, slapped with these tariffs and new prices are then forced to more than double in that market, what’s that likely to mean for the volumes of lemon juice that you are able to export under that scenario? You mentioned orange juice, and I just wonder – if we’re dealing with a request by companies over that side for protection against lemon juice, to what degree do you fear that may extend to other forms of citrus juices, like orange?
SAfmRadio FifiPeters For real? Incredible!
SAfmRadio FifiPeters Dumping AND high profit margins? Impressive!