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

Pāmu on track for record profit as farmgate prices rise
Primary Sector

Pāmu on track for record profit as farmgate prices rise

Pāmu eyes a near-$50m profit, buoyed by strong dairy, red meat and on-farm performance.

Fonterra's board unfazed by Bega’s push
Primary Sector

Fonterra's board unfazed by Bega’s push

It is staying the course as the Australian dairy company agitates.

Riley Kennedy 18 Jun 2025
NZ firms eye profit, revenue lift in China despite caution
Primary Sector

NZ firms eye profit, revenue lift in China despite caution

Christopher Luxon jets off to China on Tuesday with senior business leaders.

Riley Kennedy 17 Jun 2025