News Summary June 29, 2026
Today's Top Story: Vietnam Gains Share in Chinese Lobster Imports Amid Shifting Tariff Dynamics
Breaking today, Vietnam gained share in Chinese lobster imports amid shifting tariff dynamics, capturing 40% of May volumes at 2,239 MT while Canada held 35% as Vietnamese farm-raised product remained substantially cheaper than Canadian Homarus Americanus. Year-to-date Vietnamese shipments surged 30.3% to 13,527 MT while Canadian volumes declined 38.3% to 5,350 MT, with tariff advantages and re-export routing complicating origin-based trade statistics...
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