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The seafood industry is in trouble. Processors and policy makers blame Russia.
Alaska waters produce the most seafood in the country, and many of the state’s coastal communities depend on commercial fisheries to sustain their economy. But Alaska’s fisheries are facing a massive economic slump right now and policymakers are increasingly blaming flooded global markets. The private sector and federal policymakers are teaming up to try to stop the bleeding. Last year was brutal on the seafood industry. Processing companies and fishermen alike suffered amid cratering prices, and they blamed Russia for flooding markets. Republican U.S. Sen. Dan Sullivan, from Alaska, pointed his finger at the country at a news conference on May 23. “Russians have essentially admitted they’re not just at war in Ukraine, they’re at war with the American fishing industry,” he said. more, >>CLICK TO READ<< 16:03