Tag Archives: Tideland Seafood
‘Tariffs not enough’ to save U.S. shrimping industry
Alan Gibson, president of Tideland Seafood, summed up the frustration at a recent Louisiana Shrimp Task Force hearing in Houma. “Tariffs aren’t enough,” Gibson said. “The decrease in import prices is because of oversupply. They’re competing against each other to sell market share, and we’re fighting them, who are fighting each other.” Gibson called for a 25% import quota, saying it could reduce foreign competition enough to restore balance to the market. David Chauvin, a Louisiana-based seafood company owner, highlighted the disparity. Unlike tariffs, quotas directly limit the volume of imports, addressing the core issue of oversupply. By restricting imports, a quota could help stabilize domestic shrimp prices, allowing U.S. producers to compete more effectively. more, >>CLICK TO READ<< 16:58
