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

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 87 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 87%
  • Publisher: 53%

U.S. News News

Business,Politics,Climate

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.

University Health only expects to receive 60% of the amount of saline they typically order due to lingering effects of Hurricane HeleneSaline shortage at hospitals is improving but ‘not out of the woods yet,’ San Antonio doctor says

FILE - This photo released by China's Xinhua shows Chinese fishing vessels navigating past a beacon in the Zhubi Reef off Spratly Islands in South China Sea, July 18, 2012. FILE - Lobsters are processed at the Sea Hag Seafood plant in Tenants Harbor, Maine, June 20, 2014. – The incoming administration of President-elect Donald Trump is likely to bring big changes for one of the oldest sectors of the U.S.

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.”

One of the major changes for fishermen under a new Trump administration is that they can expect to have a seat at the table when high-level decisions get made, said representatives for several commercial fishing groups. Last time around, Trumpand listened to their concerns about loss of fishing rights in Northeast Canyons and Seamounts Marine National Monument, a nearly 5,000-square mile protected area off New England, said Robert Vanasse, executive director of industry advocate Saving Seafood.

Others in the industry said they're concerned about how Trump will handle the National Oceanic and Atmospheric Administration, the federal agency that regulates fisheries. The undersecretary of commerce for oceans and atmosphere, who is currently the Biden-appointed Rick Spinrad, will be one of Trump's key appointees. Trump went through three different administrators at the post during his first term of office.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 442. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines