96 percent of the snow crab landed here is shipped to U.S markets, FFAW and ASP express concerns over tariffs

    Monday, 3 February 2025 12:29

    By Tonya Organ

    FFAW President Dwan Street discussions have been underway with government about support but says the fishery will be the most heavily impacted in NL affected by these tariffs.

    The Fish Food and Allied Workers Union and the Association of Seafood Producers held a news conference this morning to talk about the effect of US Tariffs on the fishery. FFAW President Dwan Street discussions have been underway with government about support but says the fishery will be the most heavily impacted in NL affected by these tariffs. She last year, 96 percent of the crab fished here was sent to the U.S. There are upwards of 15,000 fish plant jobs affected.

    ASP President Jeff Loder says crab is stored in cold storage when it gets to the U.S. and processors have to pay duty until it is bought by larger entities. He says the risk equation of trying to determine the proper price, how to account for tariffs, how crab is sold, the importer would assume some of the tariff, but because of the way it is sold, we are the importer.

    Loder and Street have called for a meeting this week with both the provincial and federal governments to determine what support will be available. The snow crab fishery is due to start next month.

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

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