ANALYSIS: Blue and Red Swimming Crab Meat Market and Tariff Implications
Announcements from President Trump on universal tariffs starting April 5 at 10% and reciprocal tariffs beginning on April 9, 2025, could deeply affect both the red and blue swimming crab meat industries. Looking at the producing countries, most are in Southeast Asia, which got hit the hardest by the reciprocal tariffs. Observing the pie chart below, the only country with no tariff on this list is Mexico. Indonesia, who holds almost 50% market share has a 32% tariff on goods...
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