Saving Seafood

National Fisheries Institute Statement on EU Parliament Removing Tariffs on US Lobster

November 11, 2020 — The following was released by the National Fisheries Institute:

The National Fisheries Institute (NFI) welcomes today’s announcement that lawmakers in the European Parliament’s trade committee have voted in favor of removing tariffs on U.S. lobster and encourage the full Parliament to back the deal when they vote.

The duties on live and frozen U.S. lobster shipped to the EU had been between 8 and 20 percent, but as part of a mini trade deal announced by the Trump Administration in August, the rate will drop to zero.  The deal passed in the Parliament committee with 40 votes in favor and 2 against, illustrating the overwhelming interest of the EU in opening the market to delicious, sustainable American lobster.

The pandemic has wreaked havoc on the entire seafood supply chain, including U.S. lobster, so this trade triumph could not come at a more pivotal time. It will directly help the men and women on the water, in the processing plants, and the folks who play a role in the distribution and logistics that get lobsters from our waters to dinner tables in the EU.

NFI applauds President Trump and Ambassador Lighthizer for focusing on U.S. seafood exports. We also commend Senator Susan Collins on her steadfast advocacy for the U.S. seafood community.

AP Interview: France wants Biden to calm trade disputes

November 11, 2020 — France’s trade minister hopes that U.S. President-elect Joe Biden acts soon to calm trade tensions fueled by Donald Trump, which have led to escalating trans-Atlantic tariffs hitting billions of dollars worth of wine, planes and other goods.

In an interview Tuesday with The Associated Press, French Trade Minister Franck Riester accused the U.S. under Trump of threatening global commerce by blocking the appointment of the World Trade Organization’s next director, and urged Biden to break the logjam.

“I hope we are going to be able to rebuild the trans-Atlantic relationship with the Biden administration,” Riester said. He said France is “optimistic” about the Biden presidency, and welcomed Biden’s pledges to re-join the 2015 Paris climate accord and other multilateral organizations that Trump snubbed.

With the U.S. and European economies hammered by the pandemic, Riester said, “We are mobilized for dialogue at all levels … for de-escalation, to ensure that we are no longer in this trade tension.”

Read the full story from the Associated Press at NJNN

EU “regretably” introduces new tariffs on US goods – but most seafood is exempt

November 10, 2020 — The European Union has imposed countermeasures against many exports from the United States that it was awarded by the World Trade Organization (WTO) in lieu of illegal U.S. subsidies granted to aircraft-maker Boeing.

With the countermeasures agreed by E.U. member-states, the European Commission’s regulation increasing tariffs on U.S. exports into the E.U. worth USD 4 billion (EUR 3.4 billion) will be published in the Official Journal of the E.U.

Read the full story at Seafood Source

National Fisheries Institute Statement on the EU’s Retaliatory Seafood Tariffs

November 9, 2020 — The following was released by the National Fisheries Institute:

Today’s news that the European Union will place tariffs on about $20 million worth of annual United States seafood exports to the EU is disappointing. The seafood communities in the U.S. and EU have long enjoyed a trade relationship that has created tens of thousands of jobs and, most recently, been poised to expand.

It makes no sense that a World Trade Organization dispute about planes that fly 40,000 feet above where fish swim should include seafood.  Now, given missteps by both sides, American workers and families will suffer.

The new tariffs come at a time when the seafood industry in both the U.S. and EU are focused on rebuilding and reopening. Such trade barriers distract from this important economic recovery.

As Biden emerges as likely election winner, seafood industry prepares for potential changes

November 6, 2020 — Former U.S. Vice President Joe Biden is increasingly poised to win the presidency with several key battleground states tilting his way in the Electoral College on Friday, 6 November.

In response to Biden taking the lead in the presidential contest, and a high likelihood that Republicans have retained the majority in the U.S. Senate while Democrats retained control of the U.S. House,  the seafood industry – and its advocates – are preparing to work with new leadership in Washington D.C.

Read the full story at Seafood Source

On Election Day in the US, much hangs in the balance for the seafood industry

November 3, 2020 — Tuesday, 3 November is Election Day in the United States, and the results of the national election could have a significant impact on the nation’s seafood industry and the global economy.

Thus far, the tenure of U.S. President Donald Trump – who is up for reelection to a second and final four-year term – has been marked by both positives and negatives for the seafood industry. The Trump administration instigated an ongoing trade war with China by placing tariffs on Chinese goods in July 2018, a move that China reciprocated by placing its own tariffs on U.S. goods – including seafood. Those tariffs had drastic impacts on certain parts of the seafood industry, such as Maine’s lobster industry, which saw an 84 percent drop in exports to China. Total estimates of the impact in 2018 found the trade war cost U.S. seafood exporters USD 350 million (EUR 299 million) that year alone.

Read the full story at Seafood Source

USDA Secretary Perdue: USDA to protect Alaska’s seafood from China’s retaliation

October 27, 2020 — For years now, President Donald J. Trump has been standing up to China and other nations, sending the clear message that the United States will no longer tolerate unfair trade practices. While trade damage from unfair retaliation has impacted a host of U.S. commodities, including American seafood, President Trump is taking action on trade policy to open new markets so that American agriculture can compete globally.

High tariffs disrupt normal market patterns, affect prices and export volumes, and raise costs by forcing commodities to find new markets. Additionally, there is evidence that American goods shipped overseas are being slowed from reaching market by unusually strict or cumbersome entry procedures, which can affect the quality and marketability of perishable products. This can boost marketing costs and discount our prices, and adversely affect all those in the Alaska seafood industry.

We always suspected that American agriculture and the world-class seafood industry would likely be among the hardest hit sectors, because our producers are extremely productive and are excellent competitors in the world marketplace. Indeed, of the total tariffs imposed on the United States, a disproportionate amount was targeted directly at our fishermen. In keeping with President Trump’s promise, this administration will not stand by while our hard-working men and women of the seafood industry are treated unfairly by countries acting in bad faith.

Read the full opinion piece at the Juneau Empire

Seafood companies sue federal government, claim Trump administration plays favorites with tariff relief money

October 26, 2020 — The Trump administration was taken to court on 21 October by three seafood-related companies that claim the federal government’s trade policies has harmed their businesses.

Texas-based Houston Seafood Company, LLC along with Gulf Marine Product Co., Inc. and Ningbo Trading Company, LLC, both based in Louisiana, filed the suit in the U.S. District Court for Southern Texas.

Read the full story at Seafood Source

WTO: EU can impose billions of dollars in tariffs on US goods, including seafood

October 19, 2020 — The European Union can impose tariffs of up to USD 4 billion (EUR 3.4 billion) on imported products from the United States as a countermeasure for illegal subsidies given to American aircraft-maker Boeing, the World Trade Organization (WTO) has ruled.

The decision, made on 13 October, builds upon the WTO’s earlier finding that recognized the Boeing subsidies were illegal.

Read the full story at Seafood Source

EU Eyes Tariffs Against the U.S., Putting Economy at Risk

October 1, 2020 — The transatlantic trade conflict isn’t showing signs of winding down any time soon, and a ruling from the World Trade Organization means that a fresh round of retaliatory tariffs could jeopardize the nascent economic recoveries in both the U.S. and the European Union.

The WTO gave the EU authorization to impose tariffs on $4 billion of U.S. exports over illegal government aid provided to Boeing Co., according to two people familiar with the decision. The EU previously said it would act on the levies immediately to counteract $7.5 billion of tariffs Washington placed on European goods in a separate case involving Toulouse, France-based Airbus SE.

The judgment comes at a delicate moment, with the U.S. presidential election just over a month away and as the U.S. and the EU struggle to recover from coronavirus-induced recessions. The EU tariffs will target coal producers, farmers and fisheries, in addition to aircraft makers, all politically important industries for President Donald Trump and his Republican allies in Congress.

Read the full story at Forbes