A new study from the Agricultural Issues Center of the University of California Agriculture & Natural Resources has found that tariffs on 10 fruit and tree nut exports alone are estimated to cost the U.S. $3.4 billion annually.

According to the California Department of Food & Agriculture, fruit and tree nuts account for more than half of the state’s agricultural exports. Fruits and nuts are unlikely to receive direct payments through the Market Facilitation Program and will be limited to the Food Purchase & Distribution Program as part of the Trump Administration’s $12 billion relief package. 

The study looked at the drop in exports and import markets for almonds, pecans, pistachios, walnuts, apples, oranges, raisins, sour cherries, sweet cherries and table grapes to China and Hong Kong, India, Mexico and Turkey.

Almonds alone account for about $1.6 billion in losses. Pistachios face losses of about $380 million. Apples face losses of about $420 million.

The study was released as Agriculture Secretary Sonny Perdue visits California’s Central Valley at a time when farmers are paying the price for the U.S. trade war and potentially losing their market share to foreign competitors.

“The trade war comes with a steep price for farmers in California and across the country,” Farmers for Free Trade executive director Brian Kuehl said. “Producers and growers have spent years cultivating markets for commodity exports, only to see foreign competitors capture those markets overnight. Tariffs hurt American farmers by depressing prices and taking away their ability to compete. We hope Secretary Perdue hears from farmers who are experiencing the pain caused by tariffs firsthand and urges the President to change course before any more damage is done.”

Related:USDA announces aid for farmers impacted by trade tariffs

As part of its Tariffs Hurt the Heartland Campaign, Farmers for Free Trade is hosting agribusiness roundtables this week in Bakersfield and Fresno, Cal., to discuss the importance of trade, the costs of the trade war and its negative impact on American exports, particularly in the agriculture and manufacturing industries.

Rep. Jim Costa (D., Cal.) will attend this week’s roundtable in Fresno. Not limited to California, Farmers for Free Trade has been hosting bipartisan roundtables with members of Congress all across the U.S.

“Lawmakers are advancing policies that hurt the very people who drive our economy,” Kuehl noted. “These roundtables will share the stories of farmers, manufacturers, workers and families who have been hurt by the trade war through lost jobs and cancelled contracts. The [University of California] study only further drives the point that tariffs are hammering America’s heartland and the trade war comes with heavy costs for American producers and businesses that rely on exports to pay their bills, put people to work and drive our economy.”

Related:Trade tariffs begin being imposed on U.S. ag products