Tag Archives: U.S. seafood industry
CARES Act: Lobstermen may get up to $50 million in pandemic relief funds
Whatever the relationship between China and the United States — particularly the lobster industry — may be, Maine lobstermen are certainly living in interesting times. Last week, a scant two months before the upcoming presidential election, the U.S. Department of Agriculture announced that it 
would soon release some $530 million appropriated by Congress last March under the CARES Act to assist the U.S. seafood industry and fishermen damaged by retaliatory tariffs. Those tariffs have been imposed primarily by China and the European Union on imports of U.S. live and processed seafood. >click to read< 16:58
Seafood Trade Relief Program: Fishermen impacted by retaliatory tariffs can apply for help from the USDA
Fishermen and those in the U.S. seafood industry can start applying for help from the Department of Agriculture if they were impacted by retaliatory tariffs from foreign governments. U.S. Secretary of Agriculture Sonny Perdue announced Wednesday the USDA will provide approximately $527 million in relief to those impacted. “The Seafood Trade Relief Program ensures fishermen and other U.S. producers will not stand alone in facing unjustified retaliatory tariffs while President Trump continues working to solidify better and stronger trade deals around the globe.” >click to read< 17:16
