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Analysis

China tariffs hit Alaska Amendment 80 fleet in midst of $285m recap effort

'Whenever you impose a new cost in any kind of a system, whether it's on the buyer, the seller or the producer, that cost has to get borne somewhere', says Chris Woodley, Groundfish Forum

By Jason Huffman | Sept. 24, 2018 15:44 BST
The O'Hara Corporation's Araho, one of the newest vessels in the Amendment 80 fleet. Photo courtesy of the O'Hara Corporation.
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US president Donald Trump's 10% tariffs that went into effect Monday for nearly 6,000 Chinese goods are bad news for all of the US harvesters of seafood sent to China for processing, but they come at a particularly unfortunate time for the five companies with flatfish-catching vessels in Alaska’s Amendment 80 fleet [...]

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