US consumers ignoring tariffs on NZ King Salmon

US consumers ignoring tariffs on NZ King Salmon
The blue outline above shows where NZ King Salmon's open ocean farm will be. (Image: NZKS)
Pattrick Smellie
The 10% blanket tariff imposed by the United States Government on all New Zealand products is having no impact on sales of high-grade salmon sold into that market by New Zealand King Salmon, its chair, Mark Dewdney, told shareholders.“To date, we have not seen a material slowdown in demand,” he said at the annual shareholders meeting on June 11 in Nelson. “If substitution to other proteins does occur, then volumes falling out of the USA will be directed to other growth markets where we are constrained for supply.”Th...

More Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

BX Foods settles director disputes, posts $7.9m loss
Primary Sector

BX Foods settles director disputes, posts $7.9m loss

The Chinese-owned food company removed three executives, alleging fiduciary breaches.

Riley Kennedy 03 Jul 2025