Some in seafood industry see Trump as fishermen’s friend, but tariffs could mean pricier fish for consumers

  • 📰 adndotcom
  • ⏱ Reading Time:
  • 86 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The incoming administration of President-elect Donald Trump is likely to bring big changes to seafood, one of the oldest sectors of the U.S. economy.

Some in seafood industry see Trump as fishermen’s friend, but tariffs could mean pricier fish for consumersFILE - Lobsters are processed at the Sea Hag Seafood plant in Tenants Harbor, Maine, June 20, 2014.

But many in the commercial fishing and seafood processing industries said they are excited for Trump’s second presidency. They said they expect he’ll allow fishing in protected areas as he did in his first presidency, crack down on offshore wind expansion and cut back regulations they describe as burdensome. And they expect a marked shift from the administration of President Joe Biden, who prioritized ocean conservation and championed wind power from the start.

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.

“A potential trade war will cost everyone more and cause damage to the seafood section in Canada and the United States,” Irvine said via email. “We are working with allies in Canada and the U.S. to send this message to all governments.” “There is excitement in the industry that offshore wind will basically be contained to its existing footprint and nothing beyond that,” Minkiewicz said.

The industry has recently suffered major recent crises, including the COVID-19 pandemic and trade hostilities with another major trading partner in Russia, and isn’t in a position to withstand unstable leadership, said Noah Oppenheim, coordinator for Fishing Communities Coalition, which represents small-scale commercial fishing groups.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 293. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости