US Consumers Ignoring Tariffs on NZ King Salmon
The 10% blanket tariff imposed by the United States Government on all New Zealand products is having no impact on sales of high-grade salmon sold into that market by New Zealand King Salmon, its chair, Mark Dewdney, told shareholders.
“To date, we have not seen a material slowdown in demand,” he said at the annual shareholders meeting on June 11 in Nelson. “If substitution to other proteins does occur, then volumes falling out of the USA will be directed to other growth markets where we are constrained for supply...
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