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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

US, Canadian retailers slash prices to entice anxious shoppers

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.

Read the full article at the SeafoodSource

FLORDIA: ARE ICE, TARIFFS & IMPORTS THREATENING FLORIDA KEYS LOBSTER INDUSTRY?

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.

Read the full article at the Keys Weekly

New trade framework gives US seafood preferential access to EU markets

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.

Read the full article at Seafood Source

US tariffs reshaping trade dynamics of Asia’s top shrimp exporters

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.

Read the full article at SeafoodSource

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