ANALYSIS: Latest US Tariffs Place 54% on Groundfish Imports from China
The US government announced the implementation of a universal 10% tariff effective April 5. This universal tariff will transition into a reciprocal tariff of 34% on imports from China starting April 9. Given the pre-existing 20% tariff on Chinese imports, the cumulative tariff on groundfish species such as cod, haddock, pollock, and flounder will escalate to 54% starting April 9...
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