布米普特拉北京投资基金管理有限公司：高关税下美国食品行业先靠不住了

Group 1 - The U.S. food industry is actively seeking exemptions from new high tariffs due to the inability to grow many agricultural products domestically at reasonable costs, with current tariff levels at a multi-decade high [1] - The U.S. seafood sector, which relies on imports for 85% of its consumption, is advocating for tariff exemptions as domestic aquaculture is limited and sustainable fishing has reached its maximum capacity [3] - In 2022, the U.S. seafood trade deficit reached $24 billion, with shrimp imports accounting for about 90%, primarily from India, which will face a 50% tariff starting August 27 [3] Group 2 - The fresh produce sector is also under pressure, with annual imports of fresh fruits and vegetables totaling $36 billion, mainly from Mexico, Peru, and Canada, prompting calls for exclusion from tariff discussions [3] - The process for obtaining tariff exemptions in the U.S. food industry is currently unclear, with existing trade agreements providing some exemptions for specific food categories [6] - The U.S. has proposed tariff exemptions for certain natural resources not produced domestically, such as coffee, mangoes, and pineapples, under the USMCA agreement [6] Group 3 - If further exemptions are not granted, food prices may rise significantly, with the National Restaurant Association warning that tariffs on seasonally grown ingredients could lead to substantial menu price increases [8] - The U.S. food industry association noted that the import ratio of cucumbers has increased from 35% in 1990 to nearly 90%, indicating a shift that could lead to higher domestic production costs if tariffs are imposed [8] - The industry is pushing for more targeted tariff measures to support domestic production and job retention, rather than broad tariffs that could adversely affect prices [8]