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China could lose $1.5 billion seafood market as US petition targets shark finning

May 27, 2026 — A petition drawing attention to a crisis involving both shark deaths and the treatment of migrant workers on distant-water fishing vessels could put billions of dollars in seafood trade on the line.

If U.S. officials determine that China is not meeting American shark conservation standards, the dispute may lead to restrictions on about $1.5 billion in Chinese seafood imports.

What happened?

The Center for Biological Diversity has petitioned the U.S. government to review possible sanctions against China under the Moratorium Protection Act, saying the country’s shark finning rules do not match U.S. protections, according to Inside Climate News.

In the United States, along with over 90 other jurisdictions, fishers are generally required to land sharks with fins still attached to their bodies. Conservationists say that standard is the most effective way to prevent shark finning. China permits fin removal in many fisheries under ratio-based rules, which critics say are hard to enforce and easy to game.

Shark populations are down by over 70% since 1970, and over a third of shark and ray species face extinction. Per Chinese figures, in 2023, crews discarded more than 10,000 blue sharks and nearly 1,700 shortfin makos in one Pacific region.

Read the full article at The Cool Down

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