Alaska seafood industry making plans for China tariff impact
May 16, 2019
KODIAK, Alaska (AP) — Alaska’s seafood industry is exploring strategies to reduce damage from the Trump administration’s trade dispute with China, officials said.
The Alaska Seafood Marketing Institute plans to explore how Alaska can enter additional markets to expand the state’s seafood brand, The Kodiak Daily Mirror reported Thursday.
The U.S. plans to raise tariffs on $200 billion in Chinese imports from 10% to 25% Friday.
China is the largest export market and re-processor of Alaska seafood, with about $989 million worth of sales to China in 2017 alone. That is more than 50% of...