Despite trade war, US seafood companies still see positives in China

(11/01/19)

 

Since the start of the trade war between the United States and China over a year ago, certain sectors of the seafood industry have seen sharp drops of trade between the two countries.

The United States and China have taken turns ramping up tariffs on each other’s products, starting at 10 percent tariff rates and escalating to 25 percent duties on most products, including seafood, traded between the two countries.

Some prominent examples – such as the lobster industry in the U.S. state of Maine – have showcased how the tariffs........................................................

 


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