Tag Archives: Processed In China
The seafood industry is in trouble. Processors and policy makers blame Russia.
Alaska waters produce the most seafood in the country, and many of the state’s coastal communities depend on commercial fisheries to sustain their economy. But Alaska’s fisheries are facing a massive economic slump right now and policymakers are increasingly blaming flooded global markets. The private sector and federal policymakers are teaming up to try to stop the bleeding. Last year was brutal on the seafood industry. Processing companies and fishermen alike suffered amid cratering prices, and they blamed Russia for flooding markets. Republican U.S. Sen. Dan Sullivan, from Alaska, pointed his finger at the country at a news conference on May 23. “Russians have essentially admitted they’re not just at war in Ukraine, they’re at war with the American fishing industry,” he said. more, >>CLICK TO READ<< 16:03
Caught In Alaska, Processed In China: Does Trump Make A Good Point?
When Donald J. Trump announced his candidacy in 2015 he created quite a stir with many of his statements. He spoke a great deal about securing borders, fixing the economy and especially the effects of China on the United States. Regardless of whether you agree with his plans and ideas of how to tackle these issues, you have to agree that these issues really do exist, especially the influence of China. The financial power of China overpowers not only American consumer good production, but also greatly affects the competitive of US fisheries. One of the major secrets to China’s fiscal strength is its over-abundance of very cheap labor. There is such a difference in labor between the US and China that it has greatly changed the way the US seafood industry works. Previously it was ideal to catch the fish in Alaska, fully process it in Alaska (i.e. filleting), and then ship it down to the mainland US where it would be consumed. Today it is just as common to catch the fish in Alaska, freeze it, ship it to China, process the seafood there, and then ship it to the mainland US for sale. This difference makes seafood producers millions of extra profits every year. This is common for all sorts of Alaskan seafood, including Alaskan Pollock, Pacific Cod, and especially Salmon. Read the article here 18:13
