Navigating the Trump Tariff Turbulence: A Comprehensive Timeline

US President Donald Trump and his administration have paused reciprocal tariffs on most countries.

“Based on the lack of respect that China has shown... I am hereby raising the [tariff] charged to China by the [USA] to 125%, effective immediately,” wrote Trump on Truth Social at 1:18 pm ET. 

It’s not clear if this 125% is in addition to the 20% imposed on Chinese imports to the US. In early March, Trump noted that he would add another 10% tariff on Chinese goods...

Japanese Company Becomes World’s First BAP-Certified Oyster Producer

Yesterday, the Global Seafood Alliance (GSA) announced that Japanese oyster producer Harimanada Co., Ltd. (HCL) became the world’s first BAP-certified (Best Aquaculture Practices) oyster producer in Japan with the certification of its processing plant.

“Attaining BAP certification for the first time in the oyster industry in Japan is a significant milestone for our company,” commented HCL President and CEO Hiroyasu Nagara.

“Building on our ISO 22000 certification and government designation as a flagship production area, we’re expanding globally to deliver responsible, delicious oysters to Southeast Asia, the Middle East and..."

Expana and Gluna Shrimp Announce Exclusive Data Partnership Covering Ecuadorian Shrimp Markets

Expana, the world’s largest agrifood price and market intelligence provider, has entered into an exclusive partnership with Gluna Shrimp to expand its coverage of shrimp pricing data at Ecuadorian origin. 

Expana, the parent company of market information providers Urner Barry, Feedinfo and Mintec, will gain exclusive global rights to distribute and integrate Gluna Shrimp’s Ecuadorian farmgate and export price data into its platform. This collaboration brings over 40 new upstream price assessments and two monthly reports to the Expana platform, providing a comprehensive view...

Starway International Group Expands Recall for Ineligible Frozen Siluriformes Imported from Vietnam 

New York-based Starway International Group is expanding its recall of Siluriformes fish products imported from Vietnam.  

The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced Wednesday that another 15,980 pounds of product from a Vietnam facility that is not authorized to export Siluriformes to the United States, has been recalled. This is in addition to the 9,513 pounds of Siluriformes initially recalled on June 12, as reported by Expana. 

The expansion includes the following Siluriformes sausage products, which were shipped to...

Today's Top Story: India Seeks US Tariff Revisions on Shrimp Ahead of Key Trade Talks

In our top story today, as the United States and India push towards a new trade agreement, India is keeping a close eye on how the US Department of Commerce handles countervailing duties and anti-dumping duties on shrimp imports from India...

Tariff Talks 2025: Expana's Weekly Rundown #14

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #14."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

US Shrimp, Catfish Producers Push Back on Foreign Competition in D.C. Advocacy Effort

The Southern Shrimp Alliance (SSA), the American Honey Producers Association (AHPA) and the Catfish Farmers of America (CFA) took to Capitol Hill in an effort to highlight trade challenges seen in their respective industries.

Specifically, the ad hoc coalition aimed to strengthen support from what they described as “unfair foreign competition” that is hurting US shrimp, honey and catfish producers.

The groups met with the offices of Senator Tommy Tuberville (R-AL), Senator Cindy Hyde-Smith (R-MS) and Senator Roger Wicker... 

Tariff Talks 2025: Expana's Weekly Rundown #13

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #13."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

US Issues Record-High Preliminary Decision on Anti-Dumping Tariffs on Vietnamese Shrimp 

The US Department of Commerce (DOC) has hit two dozen of Vietnam’s shrimp exporters with a record-high preliminary anti-dumping tax rate of 35.29%.  

The preliminary decision is based off the Department’s 19th administrative review on anti-dumping duties for frozen warmwater shrimp imported from Vietnam, which ran from February 1, 2023 to January 31, 2024.  

The DOC named Seafood Joint Stock Company (STAPIMEX) and Thong Thuan Company Limited (Thong Thuan) as mandatory respondents. It was determined that STAPIMEX sold...

ANALYSIS: U.S. Shrimp Import April 2025 Market Review

Executive Summary

Expana's April shrimp import analysis shows strong volume growth alongside rising prices, creating a situation that looks eerily similar to 2022 when the market faced oversupply issues. Import volumes are up significantly, but demand absorption appears limited, pointing to potential margin pressure ahead as importers rush to beat the July tariff deadline.

In this report:

            1. FORECAST PERFORMANCE VS. ACTUAL FIGURES
            2. IMPORT BREAKDOWN BY PRODUCT FORM
            3. SUPPLIER COUNTRY DYNAMICS
            4. PEELED PRODUCT SPOTLIGHT
            5. HELL-ON MARKET SURGE
            6. COOKED SHRIMP MOMENTUM
            7. MARGIN AND...

Tariff Talks 2025: Expana's Weekly Rundown #12

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #12."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Australis Aquaculture Begins Construction on New Processing Facility in Vietnam

Australis Aquaculture has announced that construction is underway on a new processing facility in Vietnam. 

The company — which focuses on sustainable ocean-farmed barramundi — says the new facility will enhance efficiency, sustainability, and product quality across all operations. 

One of the main upgrades is the use of nitrogen freezing technology. Australis Aquaculture CEO Josh Goldman says the method reduces ice crystal formation and protects the integrity and quality of barramundi products.  

The facility will also include coating, breading, dehydration and tray packing lines to better integrate production, which...

ANALYSIS: Pacific Halibut Market Update: Quota Cuts, Tight Supply, and Record Prices

The 2025 Pacific halibut fishery, which opened on March 20th, is off to a challenging start amid a mix of regulatory pressure and unfavorable early season weather. According to Expana Seafood Market Reporter Liz Cuozzo, disruptions to fishing efforts across key areas have led to a sharp decline in landings, with year-to-date totals through Week 18 (May 4th) down 28.55% from the same time last year...

Tariff Talks 2025: Expana's Weekly Rundown #11

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #11."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

Japan’s March Imports of Fresh Trout Increased 2.5 Times, All from Norway

According to trade statistics from the Ministry of Finance, Japan’s total salmon and trout imports for March (including salted, smoked, and prepared products) were 21,029 tons, down 14% from the same month last year. In addition, the CIF import value was 28,306 million yen ($197.07 million), down 2% year-on-year. Non-fillet products were 15,137 tons, down 11%, and fillets were down 21% to 5,892 tons.

Minato Shimbun reported that many items were lower than March of last year. As for raw materials other than fillets...

Russia to Increase Fish Exports to Vietnam

Russia plans to increase its fish exports to Vietnam this year thanks to the ever-growing demand from local processors.

According to German Zverev, President of the All-Russian Association of Fish Producers, Vietnam is actively expanding its processing capacities and becoming a key player in the global market. In 2024, the country almost liquidated its gap with China in terms of fish exports.

At present, Vietnamese processors mainly work with local raw materials, such as pangasius and tilapia, but its taste is inferior to wild fish. Thus, Russia can become an important...

Japan's May Fishery Exports Increased 1% in Volume and 6% in Value

According to trade statistics released by the Ministry of Finance, Japan's May fisheries exports (including fish and shellfish, preparations thereof, fishmeal, and fish oil) increased 1% in volume year-on-year (YOY), amounting to 43,731 tons, while also increasing 6% in value YOY, amounting to JPY 23.746 billion ($163.85 million).

According to reporting by Japanese news outlet Minato Shimbun, scallop exports saw a 27% decrease in volume and a 23% increase in value. While frozen shelled scallops showed growth in both volume and value, scallops in the...

VASEP Elects New Chairman for Five-Year Term

The Vietnamese Association of Seafood Exporters and Producers (VASEP) recently elected Do Ngoc Tai as its new Chairman for Term 7, which will run from 2025-2030.

In a letter to VASEP members, partners, and the Vietnamese seafood industry, Do—who is also the founder and CEO of seafood company Tai Kim Anh Seafood Processing Joint Stock Company (TAIKA)—addressed VASEP’s goals for the next five years.

First and foremost, he acknowledged the Executive Board and Standing Committee’s responsibility to build on generations of past VASEP leaders and reinforce VASEP’s...

New Report Finds Aquaculture Could Create More Than 20 Million Jobs By 2050 

Aquaculture could generate as many as 22 million jobs by 2050, according to a new report from the World Bank and the World Wildlife Fund.  

The report titled “Harnessing the Waters: A Trillion Dollar Investment Opportunity in Sustainable Aquaculture,” anticipates roughly $1.5 trillion in investments within the sector over the next 25 years.  

Based on the current state of the industry, business-as-usual (BAU) investments of even $0.5 trillion within this time frame could lead to a production increase of...

Seven Vietnamese Pangasius Exporters Exempt from US Anti-dumping Duties

The US Department of Commerce (DOC) announced that seven Vietnamese pangasius producers will be exempt from anti-dumping tariffs following its 20^th administrative review on frozen fillets imported from Vietnam into the US.

According to a Federal Register notice, Bien Dong Seafood Joint Stock Company did not sell frozen pangasius fillets in the US at prices below normal value. The Vietnam Association of Seafood Exporters and Producers (VASEP) said this makes Bien Dong eligible for a 0% tax rate.

Alongside Bien Dong...

ANALYSIS: Mahi Market Strained by Supply Gaps, Seasonal Demand, and Record Pricing

The extremely tight mahi supply situation has shown no signs of easing. Overall supply remains constrained, primarily due to a poor production season out of Central and South America (C&SA), which typically accounts for a significant portion of the annual harvest. Although many market participants have shifted their sourcing focus to Asian countries, current raw material availability remains limited, and replacement costs elevated. This strain is further intensified by ongoing trade policy uncertainty and broader economic headwinds that continue to weigh on...

Starway International Group Recalls Fish Balls Imported from Vietnam 

The US Department of Agriculture’s Food Safety and Inspection Service (FSIS) has announced that thousands of pounds of frozen fish ball products have been recalled. New York-based Starway International Group issued the recall on Thursday, which covers 9,513 pounds of Siluriformes  products imported from Vietnam.  

The fish balls — which were shipped to several retailers nationwide — came from a Vietnam facility that is not authorized to export Siluriformes to the United States.  

The following products are included in the recall:  

- 16-oz. plastic bag packages containing...

Sen. Kennedy Urges HHS to Enhance Foreign Seafood Inspections 

In a letter sent to Secretary of Health and Human Services (HHS), Robert F. Kennedy, Jr., Senator John Kennedy (R-La) is urging the department to enhance the inspection process for seafood imports that do not meet US standards — specifically when it comes to shrimp.  

The senator highlighted shrimp producers in countries like India, Ecuador, Indonesia and Vietnam, who he says do not always comply with environmental regulations and bans on antibiotic use. 

“A growing body of academic research and investigative reporting indicate that imported shrimp frequently contain illicit...

Today's Top Story: US Issues Record-High Preliminary Decision on Anti-Dumping Tariffs on Vietnamese Shrimp

The US Department of Commerce (DOC) has hit nearly two dozen of Vietnam’s shrimp exporters with a record-high preliminary anti-dumping tax rate of 35.29%. The preliminary decision is based off the Department’s 19th administrative review on anti-dumping duties for frozen warmwater shrimp imported from Vietnam, which ran from February 1, 2023 to January 31, 2024...

Today's Top Story: Secretary Lutnick Commits to Meeting with Alaska Seafood Industry Leaders

U.S. Secretary of Commerce Howard Lutnick says he will join U.S. Senator Lisa Murkowski (R-AK) in sitting down with leaders of the Alaska seafood industry to discuss trade issues with Russia and ways that the Trump Administration can help chart a path forward...

Today's Top Story: Alaska Seafood Industry ‘Uniquely Vulnerable’ to Tariff Impacts, Trade Groups Say

Alaska’s seafood industry could see an outsized impact from international tariffs. While some products like halibut, which mostly stays in the U.S., won't be affected as drastically, experts say other products, like herring roe and sea cucumbers, depend heavily on foreign markets...

Japan: April Fishery Product Exports up 23% at 51,600 Tons, with Value up 22% at JPY 30 Billion 

According to trade statistics released by the Ministry of Finance on May 29, April's fishery product exports increased 23% in volume compared to last April. Exports also increased 22% in value to 30,091 million yen ($208.95 million). The quantity of scallops decreased, while the value increased. Yellowtail increased in both volume and value. 

According to a report in the Minato Shimbun, the volume of scallops decreased 22% to 5,324 tons and increased 39% to...

Today's Top Story: Trump's Tariffs to Remain in Effect After Appeals Court Grants Stay

Many U.S. trading partners are responding with caution today after a federal appeals court temporarily reinstates the most sweeping of President Trump's tariffs. This comes a day after a U.S. trade court ruled the President had exceeded his authority in imposing the duties and ordered an immediate block on them...

Tariff Talks 2025: Expana's Weekly Rundown #10

Expana’s global team of specialist reporters has been tracking every twist and turn in the fluid tariff situation.

Click to read "Tariff Talks 2025: Expana's Weekly Rundown #10."

This report allows the Expana community to see where key commodity markets stand as of this past week... Click the above PDF report, or keep scrolling to read in plain text...

New Japanese Scallop Processing Plants Start Running One after Another, Aiming at Overseas Markets

Following Japan's release of treated water from the Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean, China has banned importing all Japanese seafood products since August 24, 2023. In September 2024, the Chinese and Japanese governments agreed to open negotiations toward lifting the import ban. The two governments negotiated on April 10, 2025, but the Chinese government has kept silent about when to lift the ban.

About 50% of Japan's scallop exports were to China, reaching a record high of 91.1 billion yen in 2022...