Tuesday, June 19, 2018

"Geoduck growers 'freaking out' over China US trade war."

“The market can’t absorb that price increase,” said [Bill] Dewey. 
“The volume will drop; the price will drop.”

Intrafish, a seafood industry publication, writes on the south Puget Sound geoduck industry's apparent end of distorted pricing. China has announced they will impose a 25% tariff on geoduck imported from the US.
Article here (requires subscription): http://www.intrafish.com/marketplace/1514776/geoduck-producers-freaking-out-over-china-us-trade-war
Daily World article here ("will get slammed")https://www.thedailyworld.com/business/north-pacific-seafood-exports-hit-by-chinas-tariffs/


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