Alaska Tanner Crab Fishing Continues in Kodiak and Southern Alaska Peninsula SeafoodNews.com by Peggy Parker - January 31, 2025 Tanner crab fishing continues in Kodiak but only in the federal waters of the Southeast District, which has a Guideline Harvest Limit (GHL) of 405,000 lbs. For the Eastside District, where the GHL was 155,000 lbs, it was another near-record short season—closing on Thursday, January 17, at 3 p.m., just over two days from when it opened at noon on January 15.As of January 28, Kodiak’s federal waters of the Southeastern District (GHL: 405,000 lbs) will remain open 24 hours a day rather than the previous 10 hours of 8 a.m. to 5:59 p.m. State waters (0-3 nautical miles) will close due to in-season catch reports indicating low Tanner crab abundance and declining fishery performance, ADF&G said. That rule goes into effect at 5:59 p.m. tomorrow, February 1, 2025.Fishing also continues off the southern coast of the Alaska Peninsula, in the South Penn Management Areas. The South Peninsula Area is split into two districts: Eastern and Western. Due to low target numbers, the Western district remained closed this year. The Eastern District is further divided into two subsections: Pavlof and Shumagin, located on either side of 161°W longitude line.Each subsection received a GHL of 105,000 lbs, based on survey distribution of legal male crab. The South Peninsula District commercial Tanner crab season opened at 12:00 noon on January 15, 2025.The Pavlof subsection, with a 105,000 lb. GHL, was closed Friday, January 18 at noon. No announcement has been made for the Shumagin subsection yet.The fishery is limited to boats 58 feet in length or smaller, each with a limit of 20 pots. https://www.seafoodnews.com/Story/1296557/Tanner-Crab-Fishing-Continues-in-Kodiak-and-Southern-Alaska-Peninsula International Trump signs order implementing 25 percent tariffs on Canada and Mexico, 10 percent on China Both countries responded in kind, kicking off a potential trade war 12 days into Trump’s presidency Seafood Source by Chris Chase - February 3, 202 5U.S. President Donald Trump followed through on his proposal to tariff goods from Canada, Mexico, and China on 1 February, kicking off a potential trade war. https://www.seafoodsource.com/news/supply-trade/trump-signs-order-implementing-25-percent-tariffs-on-canada-and-mexico-10-percent-on-china Yukon government warns that Trump tariffs will make Alaska life more expensive China, Alaska’s biggest international trading partner, is also targeted by tariffs that are likely to trigger a trade war Alaska Beacon by James Brooks - February 1, 2025 Seven years ago, heavy tariffs levied by President Donald Trump against China triggered a trade war that crimped Alaska’s seafood exports and left fishermen with less money for their catches. https://alaskabeacon.com/2025/02/01/yukon-government-warns-that-trump-tariffs-will-make-alaska-life-more-expensive/ US tariffs on Canada, China, Mexico imposed; no exceptions announced for seafood The tariffs will impact some of America's most important seafood supplies.Intrafish by Drew Cherry, Rachel Sapin - January 31, 2025US President Donald Trump on Saturday signed an order placing tariffs on goods from Canada, Mexico and China on Saturday, a move that would hit two of the country's most critical seafood suppliers. https://www.intrafish.com/trade/us-tariffs-on-canada-china-mexico-imposed-no-exceptions-announced-for-seafood/2-1-1773314 *Requires Subscription Will Trump’s commerce secretary nominee uphold Russia-origin seafood ban? Here's his answer Pressed by Alaska Sen. Dan Sullivan, Wall Street billionaire Howard Lutnick, US President Donald Trump's pick for commerce secretary, reveals where he stands on the issue. Intrafish by Rachel Sapin - January 30, 2025 Alaska Republican Senator Dan Sullivan on Wednesday grilled Wall Street billionaire Howard Lutnick, US President Donald Trump's pick for Commerce Secretary, on whether the nominee would maintain a US import ban on Russia-origin seafood reprocessed in China that Sullivan helped cement into law two years ago. https://www.intrafish.com/trade/will-trump-s-commerce-secretary-nominee-uphold-russia-origin-seafood-ban-heres-his-answer/2-1-1772695 Trump Slaps Tariffs on Canada, Mexico, and China: Seafood Industry Braces for Impact, Latest Updates Expana by Ryan Doyle - February 3, 2025 This story was originally published on January 31, 2025. This story will feature updates.UPDATE February 3:Trump Pauses Tariffs on MexicoAccording to Mexico's President Claudia Sheinbaum, the Trump administration paused sweeping tariffs on Mexico for one month after a "good conversation" between President Donald Trump and Sheinbaum. Mexico agreed to send 10,000 national guard troops to the border after Trump said the tariffs were due to Mexico's lack of involvement in a push to stop the flow of illegal drugs.Retaliatory Tariffs AnnouncedDays after the announcement from the US, Canada and Mexico had their response. Both countries announced retaliatory tariffs on the US, with Canada ordering a 25% tariff on some US goods starting on February 4. The Associated Press reported that the initial wave will focus on US beverages, cosmetics and paper products worth $20 billion. Another list is expected to be released soon, which includes passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products, aerospace products, and more worth about $85 billion. After review, seafood appears to have been mostly spared from the list announced by Canada.--After weeks of nonstop speculation, the White House confirmed that President Donald Trump would be implementing tariffs on various US trading partners, including Canada, Mexico and China.White House Press Secretary Karoline Leavitt told reports on January 31 that Trump will implement 25% tariffs on Canada and Mexico and a 10% duty on China starting on February 1. The White House later published a fact sheet regarding the tariff implementation on February 1.NBC News reported that the details of how tariffs will be distributed remained unclear, but the plan will be available for public inspection on February 1. No comments were made on possible exemptions.The seafood industry is expected to face significant disruptions due to the newly announced tariffs. Canada and China fall within the top five seafood importers into the US, with Mexico also cracking the top ten in terms of value and volume, per Expana's Foreign Trade Data platform. Additionally, the 10% duty on Chinese imports may affect seafood processing, as many US companies send raw seafood to China for processing before re-importing it.According to Foreign Trade Data by Expana, Canada imported nearly $3.6 billion worth of seafood into the US in 2023, China imported $1.5 billion worth and Mexico sent $676 million into the country in 2023. Although full-year 2024 data is not yet available, all three countries remain top seafood importers through November 2024 as well.Canada and its seafood industry have raised the alarm in recent weeks and months over the potential impacts the tariffs could have. Both lobster and snow crab are among the highest-value species for the country and adding 25% to its costs is a major concern throughout the supply chain. Plus,70% of all whole salmon entering the US market comes from Canada.Geoff Irvine, executive director of the Lobster Council of Canada, told the CBC that although lobster inventories are subdued due to the time of the year if the tariffs are around in a few months, the impact would be massive."If it maintains, though, into the very busy spring season, that's when we'll start to feel it."Irvine noted that over half of Canada’s export value in lobster is frozen, or processed, and about 75% of that total ends up in the US.Tariffs were a hot-button topic at the 2025 edition of the Global Seafood Market Conference (GSMC). During a panel discussion on snow crab, Roman Tkachenko, CEO of Direct Source Seafood, noted that tariffs threw a wrench into a market that he said found its stride in the back half of 2024.Head of the New Brunswick Crab Processors Association Gilles Theriault said that tariffs would have a “very significant impact” on the industry, according to the CBC.If higher prices lead to a dip in demand for some of the higher-priced seafood, Theriault warned that it would be difficult to find markets for the product on such short notice, considering how significant of a customer the US is."We might be left as processors with a whole bunch of crabs on our hand, and then we would be in real trouble," Theriault told the publication.Expana’s Courtney Shum explored how the tariffs would impact the US meat industry before the confirmation from Press Secretary Leavitt.“The announcement has heightened uncertainty across many industries, including the livestock and meat sectors, Shum wrote. “The tariffs threaten to significantly disrupt live cattle shipments from Mexico and Canada, both key suppliers to the US.” --Check out John Sackton's latest Winding Glass column, which looks at what the trade war could mean for seafood businesses in both Canada and the U.S. Read that column here. https://www.seafoodnews.com/Story/1296627/Trump-Slaps-Tariffs-on-Canada-Mexico-and-China-Seafood-Industry-Braces-for-Impact-Latest-Updates
Labeling and Marketing 3MMI - EU Market Update: Q1 Rising Costs and Supply Challenges Tradex Foods - February 3, 2025 The EU seafood market is under pressure in early 2025, with rising costs, supply shortages, and inflation driving up prices. Groundfish, flatfish, and crustaceans are in high demand, while Morocco’s octopus quota increase and strong Norwegian salmon and trout exports offer some relief. With potential U.S. tariffs adding uncertainty, buyers should focus on diversifying markets and securing reliable suppliers. Watch to Find Out More. https://www.youtube.com/watch?v=ODQWI3R4wQw
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