Saving Seafood

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

Imports to the US expected to decline for the rest of 2025

October 14, 2025 — U.S. imports declined again in August and are likely, experts say, to continue to decline for the rest of the year. 

The National Retail Federation (NRF), which produces the Global Port Tracker with Hackett Associates, attributed the declines, both actual and projected, to the effect of tariff pauses, which caused shippers to move merchandise for the holiday season early, producing mid-summer shipping rushes.

Read the full article at SeafoodSource

Trump reignites tariff threats, proposes 100 percent duties against Chinese goods

October 14, 2025 — U.S. President Donald Trump has reignited trade uncertainty with a new threat that the U.S. was considering a 100 percent tariff on Chinese goods as of 1 November.

Trump posted on his social media platform Truth Social that China took an “extraordinarily aggressive position on Trade” and that the U.S. would respond with 100 percent tariffs on China, over and above any current tariff, as of 1 November. Trump said the move was in response to a letter sent by China saying that it would impose export controls on its products.

Read the full article at SeafoodSource

Experts predict significant shipping downturn as tariffs take full effect

September 24, 2025 — Experts in the shipping and logistics industry are predicting the U.S. sector will begin to feel the effects of tariffs this fall, which will likely manifest in low import cargo volumes, low traffic on routes into the U.S., and lower container prices.

John McCown, of The McCown Report – who has long been predicting a major decline in 2025 inbound cargo volume –said on 22 September he expected to see a double-digit drop in container volume by the end of September as tariffs implemented by the Trump administration take full effect. McCown based his forecast on the fact that the United States’ largest ports saw very little increase (0.1 percent) in their year-over-year total inbound volumes in August.

Read the full article at SeafoodSource

Record Prices and Tariff Pressures Challenge the US Scallop Complex

September 22, 2025 — The scallop market in the US has faced continued challenges in 2025. Low domestic landings continue providing upward pricing pressure, while potentially constrained availability from Canada adds to tight North American supply. A similar scenario played out in 2024, when many market participants turned to Japanese product as a quality substitute for domestic shortfalls.

Read the full article at Seafoodnews.com

Logistics sector acclimating to tariff shocks, but policy changes still likely to drive trends

September 11, 2025 — The shipping and logistics sector appears to be acclimating to a year of tariff-related shocks that drove shippers to rush goods to key markets. 

Prices for routes between the Far East and the United States peaked dramatically in June, with prices for routes between Shanghai and Los Angeles in particular climbing to USD 5,914 (EUR 5,055) for a 40-foot-equivalent unit (FEU), according to the Drewry World Container Index. By 28 August, however, prices had fallen steeply to around USD 2,522 (EUR 2,156) for the same route.

Read the full article at SeafoodSource

Carney administration launches Buy Canada program aimed at supporting sectors hard hit by US trade policy

September 9, 2025 — Canadian Prime Minister Mark Carney has announced a set of strategic measures aimed at responding to the impacts of U.S. trade policy, and the nation’s seafood industry appears likely to benefit. 

“We cannot control what other nations do,” Carney said in a press release about the Buy Canada policy package he announced on 5 September. “We can control what we give ourselves – what we build for ourselves.”

Read the full article at SeafoodSource