October 27, 2020 — For years now, President Donald J. Trump has been standing up to China and other nations, sending the clear message that the United States will no longer tolerate unfair trade practices. While trade damage from unfair retaliation has impacted a host of U.S. commodities, including American seafood, President Trump is taking action on trade policy to open new markets so that American agriculture can compete globally.
High tariffs disrupt normal market patterns, affect prices and export volumes, and raise costs by forcing commodities to find new markets. Additionally, there is evidence that American goods shipped overseas are being slowed from reaching market by unusually strict or cumbersome entry procedures, which can affect the quality and marketability of perishable products. This can boost marketing costs and discount our prices, and adversely affect all those in the Alaska seafood industry.
We always suspected that American agriculture and the world-class seafood industry would likely be among the hardest hit sectors, because our producers are extremely productive and are excellent competitors in the world marketplace. Indeed, of the total tariffs imposed on the United States, a disproportionate amount was targeted directly at our fishermen. In keeping with President Trump’s promise, this administration will not stand by while our hard-working men and women of the seafood industry are treated unfairly by countries acting in bad faith.