Tag Archives: government deregulation
Some in seafood industry see Trump as fishermen’s friend, but tariffs could make for pricier fish
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. Conservationists also fear Trump’s emphasis on government deregulation could jeopardize fish stocks that are already in peril. 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. Video, more, >>CLICK TO READ<< 10:26
