Responding to the new, sweeping set of tariffs announced by US President Donald Trump on 2 April 2025, the country’s National Fisheries Institute(NFI) President & CEO Lisa Wallenda Picard has issued a statement warning that seafood prices will go up and industry jobs could be on the line.
“While we are encouraged by exemptions on reciprocal tariffs for some countries, like Canada and Mexico, tariffs will raise the cost of seafood, making the healthiest animal protein on the planet less available and more expensive. Meanwhile, the tariffs could threaten many of the 1.6 million American jobs that, according to the federal government, US commercial seafood companies support,” she said.
From 5 April, countries subjected to a 10% baseline tariff on all imports to the US include the United Kingdom, Australia, New Zealand and Turkey, while key trading partners to the US subjected to customised tariff rates include the European Union – 20%, China – 54%, Vietnam – 46%, Thailand – 36% and Japan – 24%.
The 10% baseline rate doesn’t apply to Canada and Mexico, since they have already been targeted during Trump’s presidency.
