Wisconsin Ginseng Farmers Losing Buyers due to 147% Tariffs - Civic Media
Wisconsin produces more than 90% of the country's ginseng. About 85% of it is exported to China and Hong Kong. May 5, 2025, 11:43 AM CST WAUSAU, Wis (CIVIC MEDIA) – Wisconsin’s largest ginseng operation is feeling dramatic impacts from the trade war. Will Hsu is the president of Hsu Ginseng in Wausau. They grow their own ginseng, and process it for other farms. It’s the largest integrated ginseng operation in the country. They’ve got a warehouse full of the herb that nobody’s buying because of tariffs. “Due to the trade war, tariffs on ginseng are now approximately 117%, which has doubled the price of the product to the importers,” Hsu said. He made his comments during a press conference with Democrats from the Joint Finance Committee. Later when we spoke to Hsu, he said he had an updated number: importers are currently facing 147% tariffs on Wisconsin ginseng. Conditions are rapidly changing, and farmers like Hsu are having to figure it out as they go. Wisconsin produces more than 90
WAUSAU, Wis (CIVIC MEDIA) – Wisconsin’s largest ginseng operation is feeling dramatic impacts from the trade war. Will Hsu is the president of Hsu Ginseng in Wausau. They grow their own ginseng, and process it for other farms. It’s the largest integrated ginseng operation in the country. They’ve got a warehouse full of the herb that nobody’s buying because of tariffs. “Due to the trade war, tariffs on ginseng are now approximately 117%, which has doubled the price of the product to the importers,” Hsu said. He made his comments during a press conference with Democrats from the Joint Fina
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