Salicylic acid is a phytohormone that has been used to mitigate the effects of saline stress on plants. In this context, the objective was to evaluate the effect of salicylic acid as a salt stress attenuator on the physiology and growth of precocious-dwarf cashew plants in the post-grafting phase. The study was carried out in a plant nursery using a randomized block design in a 5 × 4 factorial arrangement corresponding to five electrical conductivity levels of irrigation water (0.4, 1.2, 2.0, 2.8, and 3.6 dS m−1) and four salicylic acid concentrations (0, 1.0, 2.0, and 3.0 mM), with three replications. Irrigation water with electrical conductivity levels above 0.4 dS m−1 negatively affected the relative water content in the leaf blade, photosynthetic pigments, the fluorescence of chlorophyll a, and plant growth and increased electrolyte leakage in the leaf blade of precocious-dwarf cashew plants in the absence of salicylic acid. It was verified through the regression analysis that salicylic acid at a concentration of 1.1 mM attenuated the effects of salt stress on the relative water content and electrolyte leakage in the leaf blade, while the concentration of 1.7 mM increased the synthesis of photosynthetic pigments in precocious-dwarf cashew plants.