June 17, 2021 — The following was released by the National Fisheries Institute:

Just days after the US and European Union (EU) officials announced plans to suspend tariffs on goods involved in the Boeing/Airbus trade dispute, policy makers are revealing a similar deal with the United Kingdom (UK.)

The decision to halt parallel tariffs on effected US and UK products, for five years, is an important move. It helps produce a more consistent climate for seafood companies to operate in. Stability and predictability, especially in export markets, are prized and contribute to market growth.

The National Fisheries Institute supports decisions, like these, that will increase opportunities for US seafood companies.

June 16, 2021 — The following was released by the National Fisheries Institute:

The National Fisheries Institute applauds the decision to suspend tariffs on goods involved in the Boeing/Airbus trade dispute. Today U.S. and European Union (EU) policy makers revealed plans to shelve the tariffs for five years as part of a new agreement.

This bilateral action is an important development that helps seafood companies operate in a more predictable climate. The EU is an important growth market for US seafood exporters, and they will benefit from this more stable environment.

Throughout this dispute seafood has been collateral damage, as fish swimming in the Atlantic Ocean could not be further from the planes flying overhead. Today’s announcement is welcome news.