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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.

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

WTO deal on fishing subsidies could transform global seafood trade

October 14, 2020 — China’s distant-water fishing industry has “glorious achievements” to be proud of, according to the head of the state-sponsored lobby group representing the sector.

Speaking at the China International Fishery Cooperation Summit in Guangzhou recently, China Distant-Water Fishing Association Secretary General Huang Bao Shan said the development of the sector “has been orderly” and that it has invested in equipment upgrades that have modernized the fleet.

Read the full story at Seafood Source

COVID-19 Leaves Fisheries Observers in the Dark

October 5, 2020 — The COVID-19 pandemic does not appear to have hindered the distant-water fleets of China and other major fishing nations, but it has largely sidelined the fishery observers and port officials who monitor illegal fishing.

“In most of the South Pacific, fishery inspectors cannot come onboard the vessel to do inspections before authorising” the transfer of catch, known as transshipment, says Francisco Blaha, a New Zealand-based fisheries adviser.

The presence of independent observers on trawlers is a frontline deterrent to illegal, unreported and unregulated (IUU) fishing. A 2016 study found that a third of the world’s fish catch is not reported.

“The absence of observers will bring a level of uncertainly on reporting” catch, adds Blaha. “The biggest issue we have in the South Pacific is misreporting and underreporting by the licensed fleet.”

This absence comes as the World Trade Organisation (WTO) resumes negotiations in Geneva this month in the latest attempt to reach a consensus on a long-delayed agreement to eliminate harmful subsidies. These promote the IUU and over-fishing that is decimating global fish stocks.

Read the full story at The Maritime Executive

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

WTO Panel: US tariffs on China violate trade rules

September 16, 2020 — A World Trade Organization panel established in January 2019 to examine U.S. tariffs on goods from China has found that the tariffs were not justifiable under WTO rules.

The tariffs, the first set of which was imposed in July 2018, covered USD 234 billion (EUR 197.8 billion) in Chinese goods, including hundreds of seafood products. Those initial tariffs sparked a trade war that has continued to this day – with some relaxations between the two countries in the wake of a “Phase One” trade deal initiated in January.

Read the full story at Seafood Source

Seafood could be casualty in escalating US trade spat with EU

July 31, 2020 — US companies importing seafood into the United States from the European Union (EU) or United Kingdom may have to contend with an up to 100-percent tariff increase as part of a decades-long US World Trade Organization (WTO) dispute over subsidies given to Netherlands-based Airbus.

On July 26 the US Trade Representative (USTR) accepted its final comments for a proposal that $3.1 billion (€2.6 billion) worth of products, including seafood, be slapped with tariffs of up to 100 percent. The United Kingdom is also included as part of that list.

The USTR is set to make a decision on the tariffs in August.

The seafood products, which have been considered for previous tariff action but have avoided US tariffs so far, are from Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain Sweden and the United Kingdom.

Read the full story at IntraFish

Proposed US tariffs on EU seafood products nearing end of consultation period

July 28, 2020 — A bevy of seafood products from the European Union could be the target of new tariffs by the United States, stemming from a dispute over European subsidies for Airbus.

Starting in October, several mainly premium goods from the E.U. – such as Scotch whisky, cashmere, cheeses, and others – have carried a 25 percent tariff, with salmon and other seafood products barely avoiding a tariff in the trade spat. The tariffs stem from U.S. criticisms of what it calls over-subsidization of Airbus by European governments, with the World Trade Organization (WTO) allowing the U.S. to take USD 7.5 billion (EUR 6.3 billion) in retaliatory tariffs, BBC news reported.

Read the full story at Seafood Source

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