Trump’s tariffs on Chinese caviar may stop a quiet takeover of the world’s gourmet kitchens
Imported caviar from China could soon cost Americans more if the US puts new tariffs on industries where mainland Chinese businesses, with the help of the government, have excelled
In the scorching July sun about a two-hour train ride west of Shanghai, Li Shilei tended to his precious charges.
On a massive man-made lake in Zhejiang province, 30kg sturgeon constantly leapt out of the water as workers removed plastics and other garbage from otherwise pristine waters of one of the world’s largest aquatic farms.
Li manages 40,000 square metres of fishing ponds at Qiandaohu, or the Lake of a Thousand Islands, the hub of a Chinese industry that is quickly and stealthily dominating the world’s gourmet kitchens: caviar.
As a result, the prized delicacy is now a victim of the escalating trade war between China and the United States.
The levy would add to an existing customs duty of 15 per cent on all Chinese caviar imported into the US.