Alaska Fish Factor
2019 sales are off by more than 20 percent, big hit from China expected
March 14, 2019
So how’s that trade war with China going?
Up until last July, when the Trump Administration slapped a 25 percent tax on nearly all U.S. seafood imports from China, that country was Alaska’s biggest trading partner for seven years running. In 2017, China bought 54 percent of Alaska’s fish and shellfish products, valued at $800 million.
That tax volley was followed by a retaliatory 10 percent tariff from China in September that included U.S. exports. U.S. tariffs against $200 billion worth of Chinese imports were set to increase to 25 percent on March 1 but that deadline was ext...