# China to hit imports of US fishmeal with 25% tariff - Undercurrent News

> China announced it will impose a 25% tariff on US fishmeal imports under HS code 23012010. The tariff is part of a retaliatory package targeting 333 US goods worth $16 billion, tied to US tariffs on Chinese goods.

- Date: 2018-08-09 · published 2018-08-09T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/63620-china-to-hit-imports-of-us-fishmeal-with-25-tariff-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A 25% duty on US fishmeal shuts a key export channel, pushing US supply to other buyers and weighing on US fishmeal prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2018/08/09/china-to-hit-imports-of-us-fishmeal-with-25-tariff/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.