News Summary April 7, 2025
ANALYSIS: Latest US Tariffs Place 54% on Groundfish Imports from China
In our top story today, Vivian Rosenbaum-Cottier analyzes the Chinese groundfish market in the face of 54% U.S. tariffs. She explains how certain imported groundfish species may be subject to further tariffs, which will be announced by early summer. While cod and pollock are currently exempt from Section 301 Process tariffs, haddock and flounder are merely excluded from it. This exclusion is set to expire on May 31 of this year. Consequently, haddock and flounder imported from China into the U.S. may be subject to additional tariffs by June 1, compounding the current tariff levels and rising to 79%...
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News Summary April 7, 2025
ANALYSIS: Latest US Tariffs Place 54% on Groundfish Imports from China
In our top story today, Vivian Rosenbaum-Cottier analyzes the Chinese groundfish market in the face of 54% U.S. tariffs. She explains how certain imported groundfish species may be subject to further tariffs, which will be announced by early summer. While cod and pollock are currently exempt from Section 301 Process tariffs, haddock and flounder are merely excluded from it. This exclusion is set to expire on May 31 of this year. Consequently, haddock and flounder imported from China into the U.S. may be subject to additional tariffs by June 1, compounding the current tariff levels and rising to 79%...
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