August 26, 2025 — Retailers in both the U.S. and Canada have implemented price drops in order to entice shoppers, many of whom are seeking value wherever they can find it amid continued global trade uncertainty.
Bentonville, Arkansas, U.S.A.-based retail giant Walmart rolled back prices on 7,400 items in the second quarter of its 2026 fiscal year, which is 2,000 more than the same period last year, per Supermarket News.
August 22, 2025 — In the Florida Keys, immigration enforcement and changing international markets are draining the lifeblood of the island chain’s lobster industry. And locals are sounding the alarm.
For more than four decades, commercial fisherman Bruce Irwin has made his living on Keys waters. Working more than 100 hours per week to provide for his family, at the age of 63, today he said should be enjoying retirement. Instead, these days he’s back on his boats, filling the space of legal, documented immigrants at risk of being detained by immigration enforcement operations.
In early August, a social media post by Customs and Border Protection boasted of an arrest of “4 illegal aliens from Nicaragua” aboard a commercial fishing vessel in Marathon.
“Don’t try it … We are watching!” the post said. “Another win for #BorderSecurity.”
While the post generated a fair show of support, other comments from Keys locals weren’t so inviting.
August 21, 2025 — The U.S. and the European Commission have released a joint framework covering the recent trade deal between the two sides, which will see preferential market access for a range of products, including seafood.
The E.U. agreed to a trade deal with the U.S. on 28 July, just days before the 1 August deadline that U.S. President Donald Trump set for achieving some form of agreement. Without the deal, goods from the E.U. entering the U.S. would have faced tariffs as high as 30 percent.
August 18, 2025 — The U.S.’s reciprocal tariffs on many shrimp-exporting countries are realigning global supply chains and forcing major Asian producers, including Vietnam, Indonesia, and India, to rethink their strategies.
India, the largest shrimp supplier to the U.S., faces the most severe impact from the newly implemented tariffs. The nation is currently subject to a 25 percent reciprocal tariff, which could jump to 50 percent on 27 August under a new executive order from U.S. President Donald Trump. When combined with existing anti-dumping (AD) and countervailing duties (CVD), the total tariff burden could reach as high as 58.26 percent.
August 18, 2025 — Shipping and logistics experts are predicting a sector-wide slowdown after U.S. President Donald Trump recently announced he was extending a pause on proposed tariffs on Chinese imports.
The first pause on U.S.-China tariffs, which was announced in May, resulted in a rush of cargo into the U.S. from the Far East. Rates for shipping containers went up, container availability went down, and U.S. ports saw record high volumes.
August 15, 2025 — The U.S. started out 2025 as the top buyer of Norwegian seafood but fell to third place behind Poland and China in July, according to the latest figures from the Norwegian Seafood Council (NSC).
NSC Communications Director Martin Skaug told SeafoodSource that while the new tariffs levied by the U.S. on all Norwegian goods might have contributed a bit to July’s shakeup, the NSC is primarily attributing it to the massive volume growth of farmed salmon – both from Norway and other markets this year. Poland’s ascension up the rankings can, therefore, be attributed to the fact it is a country that heavily processes and redistributes salmon to other markets.
August 13, 2025 — U.S. President Donald Trump has signed an executive order further delaying a proposed tariff increase for another 90 days.
The latest order, “Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with the People’s Republic of China,” cites ongoing trade talks between U.S. and Chinese officials as a reason for the delay. With the new order, the existing suspension on tariffs will now last until 12:01 a.m. Eastern Standard Time on 10 November.
August 8, 2025 — New tariffs ranging from 15% to 20% take effect this week on a wide range of imported goods, including fruits, vegetables, meat, dairy, and fish.
While shoppers may feel the pinch at the checkout, some in the U.S. seafood industry see an opportunity.
Nearly 85% of the seafood consumed in the United States is imported, according to Galveston fisherman, Scott Hickman. Major seafood suppliers including Vietnam and Indonesia both now facing new tariffs of up to 20%. The changes, part of the latest round of President Donald Trump’s trade war, are prompting renewed focus on sourcing food domestically.
For longtime Galveston fisherman Hickman, this is a welcome shift.
“America’s become addicted to cheap seafood that’s raised in ways they wouldn’t approve,” Hickman said. “Most Americans, I think, would rather spend a little bit more for the shrimp po’ boy or the crab fingers if they know it’s American-produced.”
Hickam says tariffs level the playing field for fishermen. He’s also pointing to new legislation in Congress looking to expand seafood production in the United States.
August 6, 2025 — U.S. retail and restaurant trade groups are urging President Donald Trump to lower tariffs and pursue other measures to achieve his trade goals after he recently issued an executive order implementing new duty rates on 69 countries and the European Union.
“We encourage the [Trump] administration to negotiate binding trade agreements that truly open markets by lowering tariffs, not raising them,” National Retail Federation Executive Vice President of Government Relations David French said. “These higher tariffs will hurt Americans, including consumers, retailers and their employees, and manufacturers because the direct result of tariffs will be higher prices, decreased hiring, fewer capital expenditures, and slower innovation.”
August 5, 2025 — U.S. tariffs on Southeast Asian nations like Vietnam have helped to cushion the impact of trade disruptions on Chinese processors and exporters, according to Landy Chow, the general manager of seafood exporter Siam Canadian’s Chinese office.
The U.S. recently instituted 20 percent tariffs on Vietnamese goods, down from the 42 percent it was initially threatened with. Chinese seafood, meanwhile, faces 30 percent tariffs, as well as 25 percent Section 301 tariffs, resulting in a 55 percent overall tariff rate.