Chris Hiatt

And it's just sad.

Well, I would define it as below cost of production.

They were dumping it so cheap, it was 30, 40 cents a pound coming in early 2000s.

And the American beekeeper couldn't compete at that level.

Right.

Well, in 2001, of course, labor input costs were quite a bit less than they are today.

Well, because probably a lot of that had syrup mixed into it.

So they were still making money, and obviously it was profitable for them to ship it here, even at that low a price, according to their business model.

I can remember, and I look back at my dad's record, the price of honey more than doubled overnight.

It went up to like $1.40, $1.50.

And then the second year, it went down 10, 20 cents, and the third year, it went down a little bit.

So it was temporary, but I felt like that was more reflective of the true price of honey.

But, of course, China found ways to transship through Vietnam and India, Taiwan and other countries to get the honey in without tariffs.

Or they would have a dummy company.

When customs would go collect the duties, there was nothing there.

It was just a fake address and nothing.

Can you explain what does transshipping mean?

So they would ship Chinese honey into the United States and fake the paperwork saying it's from Taiwan or India or Vietnam or Myanmar.

We actually paid Georgetown Economics to do a study on it.

And Myanmar and Taiwan increased their honey production 500% in one year.