Saving Seafood

China threatens tariffs on US lobsters as business booms

June 18, 2018 — A set of retaliatory tariffs released by China on Friday includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood.

Chinese officials announced the planned lobster tariff along with hundreds of other tariffs amid the country’s escalating trade fight with the United States. China said it wants to place new duties on items such as farm products, autos and seafood starting on July 6.

The announcement could have major ramifications for the U.S. seafood industry and for the economy of the state of Maine, which is home to most of the country’s lobster fishery. China’s interest in U.S. lobster has grown exponentially in recent years, and selling to China has become a major focus of the lobster industry.

“Maine’s lobster industry is an irreplaceable piece of our state’s economy that supports thousands of jobs and entire coastal communities,” the state’s congressional delegation said in a statement. “Just two weeks ago, the Maine delegation heard directly from our state’s lobster industry about the economic hardship a trade war with China would cause them.”

The delegation — Republican Sen. Susan Collins, Independent Sen. Angus King; Democratic Rep. Chellie Pingree and Republican Rep. Bruce Poliquin — said they plan to outline their concerns to federal trade officials.

“Hopefully cooler heads can prevail and we can get a solution,” said Matt Jacobson, executive director of the Maine Lobster Marketing Collaborative. “It’s a year round customer in China. This isn’t good news at all.”

Read the full story at the Associated Press

New England Fishermen Worry About Trade Dispute With China

June 18, 2018 — New England fishermen could be caught in the middle of the escalating trade dispute between the United States and China.

In response to Trump administration tariff threats, China is planning its own 25 percent tariff on more than 500 U.S. products, including seafood.

Latest numbers from the Massachusetts Division of Marine Fisheries put the value of seafood caught in Massachusetts in 2016 at $551 million.

But Chatham’s Doug Feeney says small boat fishermen like him are already hurting. He’s been traveling to China to try to expand his market.

Read the full story at WBUR

China hikes tariffs on US soybeans, electric cars, fish

June 18, 2018 — China fired back Saturday in a spiraling trade dispute with President Donald Trump by raising import duties on a $34 billion list of American goods including soybeans, electric cars and whiskey.

The government said it was responding in “equal scale” to Trump’s tariff hike on Chinese goods in a conflict over Beijing’s trade surplus and technology policy that companies worry could quickly escalate and chill global economic growth.

China “doesn’t want a trade war” but has to “fight back strongly,” said a Commerce Ministry statement. It said Beijing also was scrapping agreements to narrow its multibillion-dollar trade surplus with the United States by purchasing more American farm goods, natural gas and other products.

The United States and China have the world’s biggest trading relationship but official ties are increasingly strained over complaints Beijing’s industry development tactics violate its free-trade pledges and hurt American companies. Europe, Japan and other trading partners raise similar complaints, but Trump has been unusually direct about challenging Beijing and threatening to disrupt such a large volume of exports.

“In this trade war, it’s the U.S. who is playing the role of provocateur, while China plays defense,” said the Global Times, a newspaper published by the ruling Communist Party. “China is a powerful guardian and has enough ammunition to defend existing trade rules and fairness.”

Beijing will impose an additional 25 percent tariff starting July 6 on 545 products from the United States including soybeans, electric cars, orange juice, whiskey, lobsters, salmon and cigars, according to the Ministry of Finance.

Read the full story from the Associated Press at Boston.com

Alaska seafood industry hopes to triple exports to China after trade mission

June 7, 2018 — Seafood is Alaska’s largest commodity, and China is the state’s largest trading partner. In 2017, the Alaska Office of International Trade reports Alaska exported about a billion dollars worth of seafood to China, a figure Governor Bill Walker would like to triple.

“Nothing happens quick,” said Walker. “But I think as a goal, as we grow our seafood market opportunity, that’s something we sit down with the seafood processor and say ‘How do we grow this opportunity for increased exports out of Alaska?’ ”

Although increasing seafood exports to $3 billion might seem ambitious, Jeff Welbourn, Sr. Dir of China Business for Trident Seafood Corp., says an evolving Chinese economy could make it possible.

“China has been a manufacturing, reprocessing sector,” said Welbourn. “We’re kind of excited because we see opportunity for higher value products coming into this market.”

Those higher value products include black cod, halibut and sockeye salmon. In the past, byproduct and headed and gutted fish sold to China included items like wild Alaskan pollock and pink salmon.

“All these products here for reprocessing to a consumer market has been the real prize,” said Welbourn. “And it could triple in size pretty easily.”

In recent years, Welbourn says the Chinese consumer has moved away from lesser products. Today, they’re demanding more transparency and higher quality– a value added, premium market, which the Alaska seafood industry is poised to serve.

Read the full story at KTUU

China to Cut Import Tariffs on More Than 200 Seafood Products on July 1, 2018

June 4, 2017 — SEAFOOD NEWS — China will cut tariffs for more than 200 seafood imports as part of a move to lower tariffs for nearly 1,500 consumer goods, effective July 1, the Chinese Ministry for Finance announced last night.

On average, tariffs for all goods on the list were cut by 56 percent, according to the Customs Tariff Commission of the State Council.

Tariff rates on major seafood imports, such as frozen pollock, cod fillets, sockeye salmon, and halibut, will drop from 10% to 7%. Frozen mussels, scallops and oysters will be 10% rather than 14%.  Fresh or chilled crab will be cut from 14% to 7% and fresh scallops, as an example, from 14% to 10%.

“Significantly reducing the import tariffs for daily consumer goods is conducive to expanding China’s opening-up and serves as a major measure and action of the country’s initiative to open its market,” the Ministry’s statement quoted an unnamed official of the commission as saying.

The average tariff rate for cultured and fished aquatic products and processed food such as mineral water will be cut from 15.2 percent to 6.9 percent, according to a statement released after the meeting.

The announcement came less than 48 hours before U.S. Secretary of Commerce Wilbur Ross lands in Beijing for “wide-ranging talks aimed at addressing American frustrations with China’s $375 billion bilateral trade surplus with the United States,” according to a May 31 report in the New York Times.

Ross will be in China from June 2 to June 4, according to the Xinhua news agency.

Last Tuesday, President Trump threatened further tariffs on Chinese goods, noting that China’s average tariff on imports was more than three times as high as US tariffs and nearly double that of the European Union. Ross announced that the US would begin imposing tariffs on steel and aluminum from Canada, Mexico and the European Union at midnight on Thursday.

New York Times reporter Keith Bradsher noted that by cutting tariffs in more than 1,000 lightly traded categories, China could end up reducing its average tariff considerably without actually running the risk of a big surge in imports.

“The goods seeing cuts are not relevant to trade with the U.S.,” Derek Scissors, a trade specialist at the American Enterprise Institute, a Washington think tank told Bradsher. “For China, it fits the goal of moving up the value chain — heavy subsidies for semiconductors and now less protection for textiles and consumer appliances.”

This story was originally published by Seafood News, it is republished here with permission.

Trident works to bring wild Alaska seafood direct to Chinese consumers

May 30, 2018 — There’s a lot of Alaska-born seafood in China. Walk into any McDonald’s and pick up a fish sandwich and it’s all wild Alaska pollock.

Trident Seafoods has been selling fish in China for 20 years.

Still, the average Chinese consumer probably doesn’t recognize Trident’s three-pronged logo. That’s because they’ve been selling seafood primarily as a commodity in China, not in stores and markets.

But that might change soon. The company sent a team with Alaska Gov. Bill Walker’s trade mission to China and that team is working on a new strategy.

Trident isn’t new to China. They’ve got operations in the port cities of Dalian, Qingdao and Weihai.

What’s new is the way they want to promote and sell their fish here.

Jeff Welbourn is Senior Director of the Chinese Business Office for Trident Seafoods. On a bus trip across Beijing, Welbourn talks strategy for getting their products into some new markets.

Read the full story at Alaska Public Media

 

Chinese fish farm tests deep-sea waters with ‘world’s biggest’ salmon cage

May 8, 2018 — A Chinese fisheries company will soon launch a massive deep-sea salmon farming facility in the eastern province of Shandong to help meet the country’s growing appetite for seafood.

Shandong Wanzefeng Fishery, the operator, said a fully submersible net cage called Deep Blue No 1, the world’s biggest, was delivered to the shipyard of state-owned Wuchang Shipbuilding Industry on Friday, state-run Xinhua reported.

The 35-metre-high cage will be deployed in the Yellow Sea about 130 nautical miles east of Rizhao where the cold water is believed to be a suitable habitat for the fish.

Wang Yu, head of the Hubei Marine Engineering Equipment Research Institute, which designed the system, said the cage had a volume of 50,000 cubic metres and could generate a harvest of about 1,500 tonnes of salmon per season.

Read the full story at the South China Morning Post

 

US seafood not included in Chinese retaliatory trade tariffs

April 2, 2018 — Seafood is not on the list of 128 US products targeted by Chinese retaliatory tariffs.

On Monday China’s Ministry of Commerce (MoC) said it would be “suspending tariff concessions” on 128 US products, consisting mainly of US food and drink. Fresh and dried fruits, almonds, pistachios and wine will be subject to an additional 15% tariff. Eight other items, including frozen pork, will be subject to an additional 25% tariff.

The tariffs — announced in direct response to US tariffs on steel and aluminum imports, MoC said — are effective Monday and will impact $2 billion worth of US exports to China, said the ministry.

US seafood products will not be levied additional tariffs, however, Undercurrent News can confirm.

US soyabeans – which is used in Chinese aquatic feed production — are also absent from the list, which can be viewed here on the MoC website.

Last year, the US exported $1.3bn worth of seafood to China, making China the US’ largest seafood export market, according to National Marine Fisheries Service (NMFS).

US seafood exports to China included $128.7 million worth of live and fresh lobster (HS code 030632) and $51.6m worth of frozen crab (HS code 030614), according to International Trade Center. This included $17.0m of frozen Dungeness crab (HS code 0306144030). None of these HS codes are included on the list.

Chinese tariffs on US seafood would mainly hurt fishing industries in New England, the US west coast and Alaska.

Read the full story at Undercurrent News

 

How a trade war threat could squeeze ag

March 26, 2018 — HOW A TRADE WAR THREAT COULD SQUEEZE AG: Farmers and ranchers, and their representatives in Washington, have spent much of President Donald Trump’s 14 months in office warning that the agricultural industry would be collateral damage in a tit-for-tat trade war. It seems their fears have been confirmed, after China released a lengthy list of $3 billion worth of products it has set up for reciprocal tariffs — including pork, nuts, fresh and dried fruits, and wine, Pro Ag’s Catherine Boudreau and Helena Bottemiller Evich report this morning.

Groups rally in opposition to fisheries bill: Several dozen environmental groups wrote to House leaders Reps. Paul Ryan and Nancy Pelosi last week opposing H.R. 200 (115), a measure that they say would weaken the Magnuson-Stevens Act’s conservation provisions “by creating loopholes, watering down legal standards, and decreasing accountability.”

NOAA plans cod quota increase: NOAA plans to greatly increase the quotas for cod and haddock catches to increase revenues for Northeastern fishermen, the Associated Press reports.

Read the full story at Politico

 

China is trying to rein in its vessels illegally depleting fish stocks in West Africa

March 15, 2018 — China is increasingly cracking down on vessels from its country that are engaged in illegal fishing activities in West Africa. It’s a move environmental groups say is indicative of increased intolerance towards illicit practices in high seas and an effort to improve its image globally.

Since 2016, the country has canceled subsidies worth €90 million ($111.6 million) for 264 vessels caught undertaking illegal, unreported and unregulated (IUU) fishing, according to non-profit Greenpeace. Three of the 78 companies that owned these vessels had their distant water fishing licenses revoked, while 15 company owners and captains were blacklisted.

In late February, the ministry of agriculture also halted the pelagic fishing license of Lian Run, a major Chinese company accused of systematic pillaging of West African fisheries on a huge scale. All of the company’s distant water fishing operations, involving about 30 vessels, were also stopped. Last year, two of the company’s trawlers—Lian Run 34 and 47—were caught operating off the coast of Guinea with illegal fishing nets and in possession of shark fins without the body, a practice prohibited under Guinean law.

China also halted the operations of Fuzhou Honglong fisheries companies, months after the company was caught in the Galapagos Marine Reserve transporting thousands of dead shark carcasses.

Read the full story at Quartz