China tariffs unlikely to harm Kodiak - Kodiak Daily Mirror: Alaska News

China tariffs unlikely to harm Kodiak

Posted: Thursday, July 12, 2018 9:00 am

KODIAK — China’s 25 percent tariff on imported seafood came into effect on July 6, but as it stands its effects on Kodiak will likely be minor. This is due to to the fact that seafood products brought into China for purposes of reprocessing and re-export appear to be excluded from these tarifs. Speaking at a Kodiak Fisheries Workgroup Meeting on Wednesday, McDowell Group economist Garrett Evridge said that conversations with industry representatives have confirmed this.

“Official statements from the Chinese or from the U.S. have been limited,” said Evridge, “but the industry and our conversations with people on the ground indicate that that reprocessed volume was excluded from the 25 percent tariff.”

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