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Alaska seafood industry braces for China tariff pain

Reuters  |  SEWARD, Alaska 

By Yereth RosenSEWARD, Alaska (Reuters) - Alaska fishermen are used to coping with fickle weather and wild ocean waves. Now they face a new challenge: the United States' trade war with China, which buys $1 billion in Alaskan fish annually, making it the state's top seafood export market.Beijing, in response to the Trump administration's move to implement extra levies on Chinese goods, last month imposed a 25 percent tariff on Pacific Northwest seafood, including Alaskan fish, in a tit-for-tat that has engulfed the world's two largest countries in a trade war.The results could be "devastating" ...

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First Published: Sun, August 12 2018. 16:38 IST
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