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Americaโ€™s Fishing Industry Is Getting Caught Up in the Trade War

July 20, 2022 โ€” The American fishing industry is caught in the middle of the ongoing trade war between the U.S. and Chinaโ€”hooked by tariffs imposed on both sides of the Pacific.

As a result, U.S. exports of seafood have fallen to their lowest levels in a decade. Thatโ€™s in large part due to the tariffs that have made the industry โ€œless competitive and less affordable,โ€ according to a filing by the National Fisheries Institute, an industry group, to the International Trade Commission (USITC) ahead of a hearing scheduled to take place on Thursday.

When the Trump administration imposed those tariffs in 2018, lawmakers from states with large fishing industries sounded the alarm but were ignored. โ€œIt has clearly rattled my state,โ€ Sen. Lisa Murkowski (Rโ€“Alaska) said in a 2018 Senate hearing exchange with then-U.S. Trade Representative Robert Lighthizer. โ€œโ€‹โ€‹Our seafood industry is the number one private industry in terms of the jobs and the economic opportunity it brings.โ€

Tariffs on seafood have hit Alaska in particular, Alaskaโ€™s fishing industry generates over $5 billion dollars in economic activity and creates nearly 70,000 jobs in the state, making it a vital lifeline for the state. Over 40 percent of U.S.-caught Alaskan salmon and one-third of all seafood from Alaska is exported to China each year. Much of it is processed in China and then re-imported to the United States for sale in grocery stores.

Read the full article at Reason

 

Shrimp starring on summer menus as restaurant sales rise

June 27, 2022 โ€” Many U.S. restaurant operators are choosing shrimp to be the start of their summer menus, thanks to its steady pricing and availability compared to other seafood species.

Shrimp sales to the U.S. foodservice sector rebounded in 2021 from a significant drop in 2020 that was brought on by the COVID-19 pandemic. Roughly 275 million pounds of shrimp was sold to foodservice channels in 2021, up by 50 million pounds from 2020, according to data shared during the National Fisheries Institute Global Seafood Market Conference in January 2022.

Read the full story at SeafoodSource

NFI, other trade groups laud passage of Ocean Shipping Reform Act

June 16, 2022 โ€” The National Fisheries Institute and other organizations lauded the U.S. Congressโ€™s passage of the Ocean Shipping Reform Act on 14 June.

The U.S. House of Representatives passed the Ocean Shipping Reform Act (OSRA) of 2022, which the U.S. Senate previously approved. U.S. President Joe Biden signed the bill on Thursday, 16 June.

Read the full story at SeafoodSource

 

NRF, NFI renew push urging Biden to drop tariffs on Chinese goods

June 9, 2022 โ€” The National Retail Federation (NRF) and the National Fisheries Institute (NFI) are making renewed efforts to fight the impact of Section 301 tariffs on seafood and other goods from China.

The NRF is urging the Biden administration to repeal the tariffs, noting that they have cost U.S. importers USD 136.5 billion (EUR 128 billion) since 2018.

Read the full story at SeafoodSource

 

Top 10 list of most-consumed seafood species in US revealed

May 17, 2022 โ€” Consumption of seafood per capita among American consumers sunk slightly in 2020 compared to 2019, due in large part to the disruptions wrought by the COVID-19 pandemic, according to the National Fisheries Instituteโ€™s (NFI) recently-released top 10 list.

The National Oceanic and Atmospheric Administrationโ€™s (NOAA) latest Fisheries of the United States report โ€“ which NFI uses to compose its routine top species breakdown โ€“ found that Americans consumed 19 pounds of seafood per capita in 2020, down from the 19.3-pound average tallied in 2019.

Read the full story at SeafoodSource

 

National Fisheries Institute Statement on Reinstatement of Tariff Exclusions

March 24, 2022 โ€” The following was released by the National Fisheries Institute:

The National Fisheries Institute (NFI) is pleased to have helped lead the effort to reduce costs for its members and promote free and fair trade through the reduction of tariffs.

The U.S. Trade Representativeโ€™s decision to reinstate previously expired exclusions on fisheries products will not only benefit American workers throughout the seafood value chain but also will help make the healthiest animal protein on the planet more available and affordable. This is ultimately a tax cut for American families, at a time of significant supply chain and inflationary challenges.

NFI continues to advocate for responsible trade policies that directly benefit American seafood workers and the American consumers who depend on those workers for a reliable supply of nutritious seafood.

Robert DeHaan
Vice President, Government Affairs
National Fisheries Institute

National Fisheries Institute Statement on the passing of Representative Don Young

March 21, 2022 โ€” The following was released by the National Fisheries Institute:

Congressman Don Young was a champion of Alaska fisheries. A co-author, stalwart supporter, and defender of the Magnuson Stevens Actโ€”his commitment to fisheries management was acclaimed far from just the bountiful waters of the state he represented.  

His long history of legislative work was appreciated by his constituents and colleagues. After 49 years in office, as the longest serving Representative, he was the Dean of the House. 

His delivery and dialogue were often called colorful, but his passion and commitment were never questioned. His dedication to Alaska and the men and women who work its waters, as well as his willingness to get even the difficult things done will be missed. 

John Connelly

President 

National Fisheries Institute Statement on the Confirmation of Dr. Robert Califf as FDAโ€™s new Commissioner

February 15, 2022 โ€” The following was released by the National Fisheries Institute:

The National Fisheries Institute welcomes Dr. Robert Califf as the Food and Drug Administrationโ€™s new Commissioner.

Many parts of the seafood value chain have been impacted by the pandemic and associated lockdowns over the course of two years. During that time the FDA has been rightly focused on various scientific aspects of protecting public health and we salute the agency for its work.

We ask Dr. Califf to quickly focus FDAโ€™s food safety resources on challenges that are important to the seafood community. Prompt action on things like proper labeling, standards of identity and economic integrity are of critical significance. A lack of attention to these priorities undermines the importance of  FDAโ€™s vital food focus.

We look forward to working with Dr. Califf.

John Connelly
President

Pollock could see big price increases as supplies drop amidst high demand

February 2, 2022 โ€” Experts are predicting a sharp rise in the price of pollock in 2022, with expected strong demand hitting up against supply chain complications and a smaller global harvest.

The global pollock supply is facing its first โ€œmeaningfulโ€ reduction in supply since around 2008, according to a panel at the National Fisheries Instituteโ€™s 2022 Global Seafood Market Conference, which took place 18 to 20 January. Globally, the pollock catch total will decline from 3.49 million metric tons (MT) to 3.22 million MT in 2022, according to the panel. In the U.S., the total allowable catch for Alaska pollock has been set at 1.24 million MT, down 189,000 MT from 2021.

Read the full story at SeafoodSource

 

Southeast Asia attracting seafood processing away from China

January 21, 2022 โ€” As Chinaโ€™s economy continues to evolve and its trade relationship with the U.S. remains strained, it is likely other countries in Southeast Asia will take a larger role in processing seafood, according to a panel of experts at the National Fisheries Instituteโ€™s Global Seafood Market Conference.

Trade relations between the U.S. and China became suddenly more volatile when the administration of U.S. President Donald Trump implemented tariffs on Chinese goods. Trumpโ€™s stated goal was to put an end to the significant trade imbalance between the two countries โ€“ an imbalance that U.S.-China Business Council President Craig Allen said was nothing new.

Read the full story at SeafoodSource

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