News Summary July 7, 2025
Today’s Top Story: Tariffs, Dollar Slump and High Crab Prices Threaten Slowdown in Consumption
In Les Hodges’ monthly newsletter, he reports on U.S. seafood prices and supply chains entering a period of significant uncertainty as the Trump administration's new tariffs and a weakening dollar take hold. Unless agreements are reached, Hodges explains that tariffs on imported seafood are set to rise further starting July 8-9, reshaping the cost structure for importers and customers alike...
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