Core Insights - The United Nations Conference on Trade and Development (UNCTAD) report highlights the impact of U.S. tariff policies on global fisheries trade, particularly affecting countries like Mexico, Canada, and Brazil that heavily rely on the U.S. market for primary fishery product exports [1][2] Group 1: U.S. Tariff Policies - The U.S. is a net importer of primary fishery products, with exports amounting to $4.5 billion and imports reaching $16 billion (approximately 114.9 billion RMB) in 2023 [1] - A 10% tariff is currently imposed on nearly all fishery imports into the U.S., which may lead to increased prices for domestic fish products due to limited production capacity [1] Group 2: Impact on Exporting Countries - Under the USMCA agreement, fishery products from Mexico and Canada that meet origin rules are exempt from tariffs, while those that do not face a 25% tariff [1] - Brazil exports 55% of its primary fishery products to the U.S., and the tariffs may push Brazil to focus on domestic markets or seek other trading partners [1] Group 3: Broader Economic Implications - The report indicates that U.S. tariffs on imported steel and aluminum have raised costs for shipbuilding and port facilities, potentially disrupting traditional bilateral trade flows [2] - The marine services sector may also be affected, with weakened demand for maritime cargo transport services and adjustments in shipping routes [2] - The report emphasizes the importance of maintaining sustainable marine trade flows for global development amidst tariff and climate change challenges [2]