Qingdao Fisheries Expo Market Outlook Part Two: China and Russia reach a herring agreement, tilapia tariff drops to 45%, Argentine red shrimp inventory depleted.

Published 2025년 10월 31일

Original content

One, tilapia tariff drops to 45%, black cod continues to be exempt Xinhua News Agency reported on the 30th that the heads of state of China and the United States recently met in Busan, South Korea, and had an in-depth discussion on topics such as China-U.S. economic and trade relations, and agreed to strengthen cooperation in economic and trade fields. China is willing to work with the U.S. to jointly maintain and implement the important consensus reached by the two heads of state. Among these, the U.S. will cancel the 10% so-called "fentanyl tariff" imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region), and the 24% reciprocal tariff imposed on Chinese goods (including goods from the Hong Kong Special Administrative Region and the Macao Special Administrative Region) will continue to be suspended for one year. China will adjust its countermeasures against the aforementioned U.S. tariffs accordingly. ...
Source: Foodmate

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