Saving Seafood

Southern Shrimp Alliance wants US to maintain tariffs on Chinese imports

July 5, 2022 — The Southern Shrimp Alliance has called on the U.S. government to continue a 25 percent tariff on Chinese seafood imports, saying the additional levy has helped domestic producers “compete on a more-level playing field.”

The trade organization made its stance known in a Thursday, 30 June letter to U.S. Trade Representative Katherine Tai. Four years ago, former U.S. President Donald Trump implemented Section 301 tariffs on an array of Chinese goods in response to that country’s policies regarding intellectual property and technology transfer. The U.S. government is currently conducting a two-phase review of the action, with Tuesday, 5 July the cutoff date for comments.

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US Court of International Trade orders second look at China tariffs

April 5, 2022 — The U.S. Court of International Trade (CIT) has ordered the U.S. Trade Representative (USTR) to take a second look at its decision making on thousands of Section 301 tariffs levied against Chinese goods.

The 71-page decision by the court, released 1 April, 2022, stems from a lawsuit filed in 2020 by a company that specializes in vinyl flooring. Norwalk, Connecticut, U.S.A.-based HMTX Industries and its affiliated companies filed a complaint with the CIT challenging the authority of former U.S. Trade Representative Robert Lighthizer and the “unlawful escalation” of the trade war with China.

Read the full story at SeafoodSource

U.S. reinstates China seafood tariff exclusions

March 28, 2022 — The United States Trade Representative (USTR) announced it has reinstated tariff exclusions on 352 products, including several seafood products facing additional tariffs on import from China.

The administration of President Joe Biden announced in October 2021 that the USTR would begin taking comments on whether the U.S. should renew tariff exceptions for 549 products from China, which the government chose to let expire. Initially, the USTR extended tariff exclusions on multiple seafood products in 2020.

“The Office of the United States Trade Representative today announced its determination to reinstate certain previously granted and extended product exclusions in the China Section 301 Investigation,” the USTR announced. “The reinstated product exclusions will apply as of October 12, 2021, and extend through December 31, 2022.”

Read the full story at National Fisherman

 

USTR reinstates expired tariff exclusions for certain seafood products

March 24, 2022 — The United States Trade Representative (USTR) announced it has reinstated tariff exclusions on 352 products, including several seafood products facing additional tariffs on import from China.

The administration of U.S. President Joe Biden announced in October 2021 that the USTR would begin taking comments on whether the U.S. should renew tariff exceptions for 549 products from China, which the government chose to let expire. Initially, the USTR extended tariff exclusions on multiple seafood products in 2020.

Read the full story at SeafoodSource

 

Deal announced to halt parallel tariffs between US and UK

June 18, 2021 — Just days after policymakers announced a five-year suspension of tariffs between the United States and European Union – winding down a decades-long trade conflict – officials announced a similar deal is being struck between the U.S. and United Kingdom.

The agreement is in regards to an ongoing civil aircraft dispute involving U.S.-based Boeing and E.U.-based Airbus. According to a release from the U.S. Trade Representative, the framework for a deal between the U.S. and U.K. is similar to that reached earlier this week with the E.U.

Read the full story at Seafood Source

ANALYSIS: Squid Imports Rapidly Diminishing Year-Over-Year

June 17, 2021 — Imported squid volumes, prior to 2019, typically trended at 160 million pounds of product entering the United States per year on average. This figure took a massive hit in 2019 when tariffs were implemented on product from China, the main supplying country of squid into the U.S. This resulted in a drop of about 33.3 million pounds from the country. Enter a global pandemic and imports continue to downtrend as 2020 brought in 99 million pounds of squid products, or 65 million pounds less than the previous historical average.

In looking at how 2021 is shaping up, with import information available through April 2021, the year-to-date totals are at least tracking steady or above the previous two years. However, they are falling about 10 million pounds below the typical year-to-date average of this time frame.

Read the full story at Seafood News

National Fisheries Institute Statement on Suspension of UK Tariffs

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.

US-EU trade war winding down with five-year suspension of tariffs

June 16, 2021 — The United States and the European Union have resolved a trade dispute that had resulted in a ramping up of tariffs, including on some seafood products.

The quarrel, dating back to 2004, centered around subsidies for European airplane-maker Airbus and U.S. plane manufacturer Boeing. The dispute was brought before the World Trade Organization, which ruled in October 2020 that each side could impose billions of dollars in tariffs.

Read the full story at Seafood Source

Some Relief For Seafood Industry Thanks to Airbus-Boeing Deal

June 16, 2021 — On Tuesday the United States and European Union announced a cooperative framework to address the large civil aircraft disputes which have been raging since 2004. As part of the agreement, the U.S. and EU have agreed to move away from “past confrontation in pursuit of a cooperative future by suspending the tariffs related to this dispute for five years.”

“After years of bitter litigation and weeks of intense diplomacy, we have reached a deal on a set of high-level principles that resets U.S.-EU engagement in the large civil aircraft industry,” U.S. Trade Representative Katherine Tai said in a press release. “We are strongest when we work with our friends and allies, and the partnership with European Commission Executive Vice President Valdis Dombrovskis is a demonstration of that principle in action.”

Read the full story at Seafood News