Tan Phat Foods Corporation expressed deep concern over the 46% countervailing tariff imposed by the U.S

Tan Phat Foods Corporation expressed deep concern over the 46% countervailing tariff imposed by the U.S., stating that it would render their products uncompetitive. The company’s director emphasized that customers might shift to sourcing from other markets with lower tariffs, which would severely impact the production chain and the income of local fishermen. As a result, Tan Phat considered shifting focus to other markets such as Europe and Japan if the high tariff remained in effect.

Tan Phat Foods Corporation expressed deep concern over the 46% countervailing tariff imposed by the U.S., stating that it would render their products uncompetitive. The company’s director emphasized that customers might shift to sourcing from other markets with lower tariffs, which would severely impact the production chain and the income of local fishermen. As a result, Tan Phat considered shifting focus to other markets such as Europe and Japan if the high tariff remained in effect.

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