Some in seafood industry see Trump as a friend, but tariffs could make for pricier fish

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Some in seafood industry see Trump as a friend, but tariffs could make for pricier fish
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Some in the fishing industry believe the returning president will be more responsive to its needs. But economic analysts paint a more complicated picture, as they fear Trump’s proposed tariffs on major trading partners Canada and China could make already pricy seafood more expensive.

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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. Conservationists also fear Trump's emphasis on government deregulation.

Losing Canada — an especially important buyer of American lobster — as a market for U.S. seafood could cause prices to fishermen to collapse, Sackton said. And some products could become unavailable while others become more expensive and still others oversupplied, he said. He described the seafood industry as “interdependent on both sides of the border.”

President Donald Trump attends a roundtable discussion with commercial fishermen at Bangor International Airport in Bangor, Maine, June 5, 2020.

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