The Trump administration’s trade war has created many losers; the list of winners is somewhat shorter. One of the more surprising? Australia’s almond industry, which is stepping in to fill the void left by steep barriers on imports from California, the source of 80 per cent of global production.

Sales of Australian almonds to China have been growing for years. Now their biggest rival, the United States, has been locked out of a growing market amid a trade war between the world’s two largest economies.