Seafood biz braces for losses of jobs, fish due to sanctions

Seafood biz braces for losses of jobs, fish due to sanctions

2 years ago
Anonymous $R5WK5a8uaN

https://apnews.com/2f6c8c5f7b18d947a0baccc141eafef3

PORTLAND, Maine (AP) — The worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by.

The latest round of U.S. attempts to punish Russia for the invasion of Ukraine includes bans on imports of seafood, alcohol and diamonds. The U.S. is also stripping “most favored nation status” from Russia. Nations around the world are taking similar steps.

Seafood biz braces for losses of jobs, fish due to sanctions

Mar 31, 2022, 5:23am UTC
https://apnews.com/2f6c8c5f7b18d947a0baccc141eafef3 > PORTLAND, Maine (AP) — The worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by. > The latest round of U.S. attempts to punish Russia for the invasion of Ukraine includes bans on imports of seafood, alcohol and diamonds. The U.S. is also stripping “most favored nation status” from Russia. Nations around the world are taking similar steps.