Hsu Ginseng President Will Hsu is the guest on the latest episode of Bright Ideas from the Green Chair. Hsu talks about the impact of the trade war tariffs on the ginseng industry. "We believe that ginseng was somewhat targeted by China as a way for them to retaliate with tariffs...they import a lot of Wisconsin-grown American ginseng." China has placed around a 30 percent increase in tariffs for American ginseng which is primarily grown in central Wisconsin. Hsu explains that the producer and fellow farmers are being asked to take a price cut as to not push the extra cost on to the consumer. "If you pass all of [the price] on to the consumer, the consumer may not buy the product. They may choose to buy something else or buy ginseng in some other part of the world which unfortunately is a detriment to central Wisconsin."

#morningminute #greenchair #wisconsineye

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.