FILE – Snow Crab with lemon sits on a plate at the Au Pied De Cochon restaurant, April 18, 2008, in Montreal. PORTLAND, Maine — The incoming administration of President-elect Donald Trump is likely to bring big changes for one of the oldest sectors of the U.S. economy — seafood — and some in the industry believe the returning president will be more responsive to its needs.with major trading partners Canada and China could make an already pricy kind of protein more expensive to consumers.
But the seafood industry, which is international in nature, could be seriously disrupted if Trump goes through with a plan to impose a 25% tax on all products entering the country from Canada, said John Sackton, a longtime industry analyst and founder of Seafood News. Canada is the largest seafood market for the U.S. for both imports and exports, and nearly a sixth of the seafood imported by the U.S. is from its northern neighbor, according to federal statistics published in November.
In Canada, members of the country’s seafood industry are watching closely to see what changes Trump ushers in, said Geoff Irvine, executive director of the Lobster Council of Canada, based in Halifax, Nova Scotia. That goodwill is likely to carry over into Trump’s new presidency. And the industry feels it has already scored a win with election of a president who is an outspoken critic of offshore wind power, said Drew Minkiewicz, an attorney who represents the New Bedford, Massachusetts-based Sustainable Scalloping Fund. Fishermen of valuable seafoods such as scallops and lobsters have long opposed offshore wind development because of concerns wind power will disrupt prime fishing grounds.