China retaliates against US with additional 10% tariff on $75 billion worth of products

The Chinese government has stepped up its retaliation against the latest tariff increase announced by US President Donald Trump by announcing...would impose a 10 percent tariff on approximately $300 billion (€270.5 billion) of goods imported from China, which will be implemented in two batches from September 1 and December 15, 2019,” said the Chinese government. “The US measures have led to the continuous escalation of Sino-US economic and

Finance  intrafish.com 23 Aug 15:01 GMT

US seafood supplier targets sharp growth

shrimp, in addition to Indonesia and China. Lotus, with annual sales of $60 million (€54.1 million) employs around 30 people in the United States, Mexico, Colombia, China, Vietnam and Indonesia. The supplier sources fresh and frozen seafood from more than 20 countries worldwide, including Caribbean nations. Lotus currently sells mainly tilapia and pangasius from China, as well as shrimp to distributors in the growing markets of Mexico and Colombia. Last year

Prices  intrafish.com 22 Aug 12:35 GMT

Are Ecuador shrimp exports heading for new record?

Ecuadorian shrimp exports rose more than 26 percent by volume in July to 123.8 million pounds, helped by increasing Chinese demand, figures from...also on course for a record; Ecuador exported $3.19 billion (€2.9 billion) worth of shrimp in 2018. Ecuador's volume exports of shrimp to China surged...and elsewhere to the lucrative Chinese market. China has overtaken Vietnam as the largest export destination for Ecuadorian shrimp. Vietnam was

Marketplace  intrafish.com 22 Aug 05:11 GMT

Seafood's high-profile legal cases and what's coming next

date: Transcript from a major status conference set to be released September 12. ---- China Fishery sale drags on in court case that never ends Earlier this month William Brandt, Jr., Chapter 11 trustee for beleaguered China Fishery Group (CFG), asked a New York bankruptcy court for permission to

Tuna Trouble  intrafish.com 22 Aug 05:08 GMT

Trident wins $3 million USDA wild salmon bid

by the US-China trade war.

Marketplace  intrafish.com 21 Aug 21:27 GMT

Vietnamese shrimp exports pick up while pangasius flounders

shrimp to the United States jumped 37 percent, to China 48 percent and to Australia 56 percent compared to the same period last year. Despite an increase

Marketplace  intrafish.com 21 Aug 07:59 GMT

Red Lobster sharpening its focus on millenials, China

cycle." China focus As it seeks to diversify and modernize the brand, five years after Red Lobster was sold by Darden Restaurants for $2.1 billion, the company is sharpening its focus on Asia, China specifically, while still aiming to increase the number of US outlets. In the online interview, Lopdrup pointed to the warm reception Red Lobster received for its first two restaurants in the Chinese cities of Beijing and Shanghai. While Chinese diners are

Processor  intrafish.com 21 Aug 04:07 GMT

DataSalmon: Chilean salmon prices are up in the US, China, Brazil

Prices for Chilean salmon headed into the United States continued their climb in week 32, along with prices of salmon into Brazil and China, according to figures from DataSalmon. Average wholesale prices for D trim Atlantic salmon shipped from Chile into the United States was $4.95 (€4.47) per...kilo. Prices for salmon headed to China increased by $0.13(€0.12) per kilo, to an average of $9.72 (€8.78). Embed: Datasalmon week 32

Prices  intrafish.com 20 Aug 22:14 GMT

Brim chairman delighted to have Fisk Seafood aboard

considerably in Asia' As such, Brim purchased Icelandic Japan, Icelandic Hong Kong, Icelandic China Qingdao, as well as an Icelandic services company Seafood...(FTA) with China which producers saw as a chance to see significant trade accelerate by the end of this year. Fresh Icelandic cod gaining momentum across global markets "We are better positioned than before to take advantage of these opportunities in China especially having a company in the region

Finance  intrafish.com 20 Aug 12:51 GMT

AquaNor blog 2019: Sea lice spread to Silicon Valley

of Morenot parent, FSN Capital. "There is a strong interest, particularly from China and other Asian countries, where there are investors and the

Aquaculture  intrafish.com 20 Aug 08:47 GMT