US Section 301 tariff of 12.5%: why Vietnamese shrimp seeks a way out in Japan
From July 24, the United States imposed an additional 12.5% on Vietnamese seafood. The 2.5-point gap with Ecuadorian players is eroding the profitability of Vietnamese shrimp in the US market. We unpack, from a Japanese sourcing perspective, the flat US$890 million in first-half exports to the United States, the 48% last-minute surge in June, the shift to processing, and the realignment of supply to Japan.
