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Birmingham Post
Birmingham Post
Business
David Laister

Russian seafood sanctions hit with Grimsby cluster chiefs warning of potential to push prices up

A warning over further price inflation on seafood has been sounded as the 35 per cent tariff on Russian imports has finally been introduced.

First announced in March as part of a round of sanctions aimed at closing economic lines into Putin’s war chest as the invasion of Ukraine took hold, it was paused to allow industry and government to fully understand the implications.

Fish processed in another country will not count towards the measure, with any currently in transit not affected by this week’s imposition.

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