ANALYSIS: Tariff Structure Drives Upward Pressure Across US Squid Complex
The US squid market is currently full steady to firm and has maintained this undertone for much of the year. Prices across the complex have either risen or remained unchanged, with no major categories experiencing downward pressure.
Much of this upward pricing pressure can be attributed to the challenging tariff environment, which continues to present obstacles for industry stakeholders. Currently, no origin of imported product enjoys tariff exemption, with Argentina and Peru facing 10% duties, while New Zealand product is subject to 15% tariffs...
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