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New tariffs could hurt Tilapia’s popularity

The rise Tilapia to ubiquity across U.S. restaurants and seafood aisles over the past decade has been rapid. Now that the Trump administration has targeted Chinese seafood with a 10 percent tariff, its golden age may be coming to an end.

The fish, popular for its mild taste and low cost, is among the estimated $200 billion of items that could rise in price for U.S. consumers as President Donald Trump aims to erase the nation’s longstanding trade deficit.

Now, importers and distributors are on high alert to see whether tilapia emerges unscathed from a late-August public comment period on the proposed Tariffs.

If not, the product could become an example of how even minor cost increases can reverberate across supply chains and economies as the hospitals, nursing homes and schools that buy frozen Chinese tilapia are forced to look elsewhere for cheap protein — or pay more.

The post New tariffs could Hurt Tilapia’s popularity appeared first on Ghana Live TV.

This post first appeared on Watch Gtv Ghana, Adom TV, Tune Ghana Radio GhanaLi, please read the originial post: here

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New tariffs could hurt Tilapia’s popularity


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