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Trump admin confirms trade deal with India, cutting tariffs to 18 percent

February 9, 2026 — U.S. President Donald Trump issued an executive order following through on a trade deal with India he announced in early February, reducing U.S. tariffs on the country to 18 percent.

Trump first announced the new trade deal with India on 2 February, which he said came after a discussion with India Prime Minister Narendra Modi. Just four days later on 6 February, he formalized the deal with an executive order, cutting reciprocal tariffs on the country to 18 percent from the previous 25 percent and eliminating a separate 25 percent ad valorem tariff implemented in August 2025 against India over its purchases of Russian oil.

Read the full article at SeafoodSource

Commission again sets Pacific halibut harvest at rock-bottom levels amid U.S.-Canada tensions

February 6, 2026 — The International Pacific Halibut Commission set the 2026 harvest at a historic low during an annual meeting that drew a Trump Administration political appointee to lead tense U.S. negotiations with Canada over shares of a shrunken fishery.

The four-day late-January gathering in Bellevue, Washington came during a time of tumultuous relations between the two nations.

President Donald Trump’s tariff policy and blustering talk of making Canada part of the United States have spurred widespread anger among Canadians. January has been particularly volatile, as Canadian Prime Minister Mark Carney, at an economic forum in Davos, Switzerland, attacked “coercion” by great powers, while Trump, in a subsequent speech, asserted that “Canada lives because of the United States.”

At the Bellevue halibut meeting, Drew Lawler, a political appointee to the National Oceanic and Atmospheric Administration, served as the non-voting head of the U.S.delegation.

In private talks sandwiched between public parts of the meeting, the U.S. delegation threatened economic sanctions, and successfully pressured Canadians to trim the British Columbia share of the halibut harvest, according to sources with knowledge of these discussions.

The commission is charged by a more than century-old treaty with conserving Pacific halibut. There are three voting representatives from the United States, and three from Canada.

Read the full article at the Petersburg Pilot

Trump announces trade deal with India that drops reciprocal tariff to 18 percent

February 2, 2026 — U.S. President Donald Trump announced a new trade deal with India that will see the U.S. lower reciprocal tariffs on goods from the country from 25 percent to 18 percent and potentially remove a separate 25 percent tariff related to India’s imports of Russian oil.

In a post on his social media site Truth Social, Trump said he spoke with India Prime Minister Narendra Modi on 2 February and struck a deal which will see India purchase USD 500 billion (EUR 424 billion) in U.S. energy, technology, agriculture, coal, and other products. In return, Trump said the reciprocal tariff lodged against India – which was set at 25 percent as of 1 August – will be reduced to 18 percent.

Read the full article at SeafoodSource

EU, India sign “mother of all” free trade deals, zero out tariffs on seafood

January 29, 2025 — The European Union and India have agreed to a massive free trade agreement (FTA) that will slash or eliminate tariffs on most goods.

“The E.U. and India make history today, deepening the partnership between the world’s biggest democracies,” European Commission President Ursula von der Leyen said in a release. “We have created a free trade zone of 2 billion people, with both sides set to gain economically. We have sent a signal to the world that rules-based cooperation still delivers great outcomes. And, best of all, this is only the start; we will build on this success and grow our relationship to be even stronger.”

Read the full article at SeafoodSource

Canada announces trade deal with China cutting tariffs on lobster, crab

January 16, 2026 — Canadian Prime Minister Mark Carney announced the country has reached an agreement with Chinese President Xi Jinping that will cut Chinese tariffs on key seafood items like lobster and crab.

Canada has faced an additional 25 percent tariff in China on a range of seafood products including halibut, crabs, lobster, clams, and shrimp since 20 March 2025. The tariffs were made in response to a 100 percent Canadian tariff on Chinese electric vehicles and a 25 percent tariff on steel and aluminum products from China.

Read the full article at SeafoodSource

Awaiting Supreme Court decision, more US seafood suppliers file tariff lawsuits

December 12, 2025 — U.S. seafood import firms Mark Foods and Bristol Seafood have filed lawsuits over U.S. President Donald Trump’s tariff program, following the lead of fellow seafood companies Netuno USA and Bumble Bee.

New York City, New York, U.S.A.-based Mark Foods and Portland, Maine, U.S.A.-based Bristol Seafood filed separate lawsuits against the U.S. government, U.S. Customs and Border Protection (CBP), and CBP Commissioner Rodney Scott in the U.S. Court of International Trade.

Read the full article at SeafoodSource

National Fisheries Institute Applauds President Trump on Tariff Modifications and Swiss Trade Agreement

November 17, 2025 — The following was released by the National Fisheries Institute:

The National Fisheries Institute (NFI) applauds the Administration for moving to ease tariffs on some foods. While seafood is the healthiest animal protein on the planet, rising costs have put it out of reach for many families.  We urge the President to include all seafood in tariff adjustments. This is critical to lowering consumer prices, maintaining American jobs in the seafood sector and keeping Americans healthy and fed.

Additionally, NFI appreciates the Administration’s success in continuing to expand markets for American seafood globally.

The plan to improve access for high quality U.S. seafood products through the application of zero duties in both Switzerland and Liechtenstein will have a positive impact on American companies and is in lockstep with the roadmap laid out in the President’s executive order regarding seafood competitiveness and economic growth.

NFI supports efforts to strengthen cooperation in global seafood trade and make America’s seafood community stronger.

Lisa Wallenda Picard
President & CEO

 

Trump says trade negotiations with Canada terminated in response to television advertisement

October 24, 2025 — U.S. President Donald Trump announced he is terminating all trade negotiations with Canada, the U.S.’s largest seafood trading partner, in response to a television advertisement featuring a quote from former President Ronald Reagan.

Trump, in a post on his social media platform Truth Social, said he was terminating the trade negotiations and that the Ronald Reagan Foundation “announced that Canada fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about tariffs.” The foundation had posted an update online saying it was “reviewing its legal options” on the advertisement, which directly quotes a real address by Reagan publicly available online.

Read the full article at SeafoodSource

Trump’s latest tariff proposal threatens year-end deals for Chinese exporters

October 21, 2025 — U.S. President Donald Trump’s recent threat of instituting a 100 percent tariff on all Chinese goods from 1 November onward has generated yet more uncertainty for Chinese seafood exporters.

“Although we don’t know whether this will be implemented in the end, this has definitely disturbed all of our shipment plans,” said Josephine Wang, the head of export sales at Hainan, China-based tilapia producer Hainan Golden Spring Foods. “We do have some U.S. orders in hand right now, but nobody knows how to deal with it.”

Read the full article at SeafoodSource

China will not charge port fees to US-owned ships that were built in Chinese shipyards

October 17, 2025 — China will not charge U.S. cargo ships that were built in Chinese shipyards to dock in its ports, according to Reuters.

The U.S. announced plans to charge Chinese-built and -flagged vessels docking in U.S. ports in April, and China responded in early October with reciprocal fees.

Read the full article at SeafoodSource

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