"China seems to me to be a very large potential market. I would very much like to be able to do business," said Vaughn.

"But we're getting the downward pressure on prices that makes it impossible for us to expand," he added.

Pecan farmers in his home state Georgia are among the hardest hit by the unwanted tariffs, Vaughn pointed out.

There was "a lot of expansion due to the Chinese demand for the pecans. And that market is gone and it's severely impacted the price for them," he said.

China was the biggest consumer for U.S. pecans last season, buying one-fifth of the U.S. supply and nearly one third of all U.S. exports.

The potential loss of the Chinese market for U.S. pecans is most worrisome, Vaughn noted. "So I know they would like to get this (trade tension) resolved quickly."

TO HAVE TRADE WHERE IT WAS

"I'm also a lawyer. During my law practice for 35 years, I've always tried to get people to solve problems and not fuss about them," Vaughn said. "Because when they fuss about them, it just causes more problems and it causes lasting problems. That's not good. We don't need to be fussing. We need to trade, right?"

The 71-year-old Pellett cannot agree more with his longtime business partner.

"So let's look at the big picture, not our petty differences. By working together, we can solve those issues more quickly and more beneficially," Pellett told Xinhua.

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