September 12, 2018 — The following was released by The Office of Senator Lisa Murkowski:
U.S. Senator Lisa Murkowski (R-AK) participated in a Commerce, Justice, and Science (CJS) Appropriations Subcommittee hearing yesterday, to review the President’s Fiscal Year 2019 (FY19) funding request for the Bureau of Industry and Security, the International Trade Administration, and the United States International Trade Commission.
Witnesses participating in the hearing included: Nazak Nikakhtar, Assistant Secretary for Industry and Analysis at the International Trade Administration (ITA); Richard Ashooh, Assistant Secretary for Export Administration at the Bureau of Industry and Security (BIS); and David S. Johanson, Chairman at the United States International Trade Commission (USITC).
During the hearing Senator Murkowski expressed some of the concerns of Alaskan stakeholders regarding the seafood industry.
“Until recently, a positive trade relationship was developing between Alaska and China—of our salmon exports, 40% of those exports went to China. For cod, 54% of our exports went to China. In 2017, we saw roughly 1/3 of Alaska’s seafood exports end up in China, worth nearly $1 billion. So this is considerable” said Senator Murkowski. “Now, Alaskans are facing steep Chinese tariffs on these exports—a pretty significant trade barrier. This is on top of lost market share due to the Russian embargo on American seafood, which has been in place since 2014 as retaliation for sanctions, and challenging import quotas that currently exist in the EU, Japan, and South Korea.”
Murkowski went on to question Assistant Secretary Nikakhtar on the ITA’s strategy towards the retaliatory tariffs imposed on the seafood industry and barriers to seafood industry trade.