Seafood Trade Relief Program: Funding available for Maine lobster fishermen affected by China’s tariffs
Lobster fishermen have started applying for a portion of a $527 million relief program recently unveiled by the U.S. Department of Agriculture (USDA) to help offset losses incurred due to China’s new tariff policies. The Seafood Trade Relief Program (STRP) is paying 50 cents for every pound of lobster; in 2019, Maine landed roughly 100 million pounds. The Notice of Funds Availability notes President Donald Trump’s June 24 memorandum, “Protecting the United States Lobster Industry,” directs the USDA to consider appropriate action to provide assistance to eligible U.S. commercial fishermen whose business has been impacted by foreign government trade actions that have led to the loss of exports. >click to read< 08:11
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