The seafood industry, which is international in nature, could be seriously disrupted if Trump imposes a 25% tax on products from Canada. 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.Economic analysts paint a more complicated picture, as they fear Trump’s pending trade hostilities with major trading partners Canada and China could make an already pricy kind of protein more expensive to consumers.
How Trump’s Plans For Tariffs And Deregulation Could Hurt The U.s. Seafood Industry
Associated Press, Fast Company
Fri, 12/13/2024 - 2:57pm
Topics: president-elect donald trump u.s president joe biden beth casoni massachusetts lobstermen s association u.s americans casoni the america first john sackton u.s u.s november u.s u.s geoff irvine lobster council halifax nova scotia u.s united states irvine u.s northeast canyons seamounts marine national monument new england robert vanasse saving drew minkiewicz new bedford massachusetts-based sustainable scalloping fund national oceanic atmospheric administration biden-appointed rick spinrad covid-19 russia noah oppenheim the fishing communities coalition jane davenport defenders wildlife trump i u.s trump s canada american seafood minkiewicz fishing communities coalition hurt offshore major trade groups expect products power war concerned country market nature fear federal tax protected long concerns damage attorney represents
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PORTLAND, Maine (AP) — 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 ... ad The seafood industry isn't ...
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