April 11, 2025 — As global seafood suppliers grapple with the potential impacts of threatened tariffs on grocery and restaurant sales, overarching consumer concerns are likely to end up having a greater impact on U.S. shopper spending.
“People focus on whether the tariff is 25 percent or 15 percent, but I think the bigger question is whether this is going to pull back a consumer that has been really strong for a very long time, and the same thing for business confidence,” Circana Executive Vice President Perimeter Practice Leader Chris DuBois told SeafoodSource at the Circana Growth Summit, which ran from 7 to 9 April in Orlando, Florida. “If you see big prices moving in the store, hold on.”