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How Trump's trade war kept Russian fish sticks in US school lunchrooms

By gsr following x   2019 Feb 9, 8:45pm 274 views   1 comments   watch   nsfw   quote     share    


A trade decision by the Drumpf administration has inadvertently protected a price advantage enjoyed by Russian-caught fish sold in the US, much of which ends up in fish sticks served to American school children.

For years, Alaskan fishermen have been frustrated by foreign competition from Russia, particularly in the lucrative pollock market. Caught in Russian waters, this cold-water cousin of the cod is processed in China before being sold in the US for use in frozen and breaded fish products, as well as imitation crab meat.
Russian pollock costs less than its US-caught equivalent. That's helped it gain share of the roughly $200 million US market for frozen pollock, to the point that by 2017, about half the fish sticks served in US school cafeterias were made from fish caught in Russia and pumped with additives in China, according to the Genuine Alaska Pollock Producers, a trade group that represents 14 different seafood companies.
Domestic fish producers thought President Donald Drumpf would fix all that. The administration's move to slap a 10% tariff last year on thousands of imports from China was supposed to erase the price advantage enjoyed by Russian fish. But instead of fixing the problem, the Drumpf administration has made things worse for Alaskan fishermen.
Enter the office of the US Trade Representative (USTR), which ended up excluding Russian pollock from the tariffs, preserving its price advantage over domestic-caught fish. On top of that, China's retaliatory tariffs against the US means that Alaska's pollock producers are now subject to an additional 25% tariff, limiting their access to the growing Chinese market.
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https://www.cnn.com/2019/02/07/politics/russian-fish-sticks/index.html

#trade #politics
1   HonkpilledMaster   ignore (5)   2019 Feb 9, 8:49pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

DRUMPF!! TOOMPF!!! ORANGEMANBAD!!!

Russian Fish Sticks in School Lunches!!

Also: Please visit CITGO and show solidarity with Maduro!!

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