Squid producers in the US are already being hit by China’s upcoming 25% retaliatory tariffs on US seafood imports, as Chinese buyers have started to cancel orders in case they fail to arrive before the tariff comes into effect. The seafood tariffs, China’s latest salvo in its trade battle with the US, were issued after President Trump updated the list of Chinese imports to carry a 25% tariff.
Squid producers in the US are already being hit by China’s upcoming 25% retaliatory tariffs on US seafood imports, as Chinese buyers have started to cancel orders in case they fail to arrive before the tariff comes into effect. The seafood tariffs, China’s latest salvo in its trade battle with the US, were issued after President Donald Trump updated the list of Chinese imports to carry a 25% tariff.