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Trump pauses tariffs on most countries, but raises tariffs on China to 125 percent

April 9, 2025 — U.S. President Donald Trump has announced a 90-day pause on tariffs for most countries targeted by his “reciprocal” tariff action but raised tariffs on Chinese exports to 125 percent after the country promised retaliatory tariffs of its own.

Both China and Europe have announced retaliatory tariffs on goods from the U.S. as sweeping tariffs announced on 2 April by U.S. President Donald Trump were set to take effect on 9 April.

Read the full article at SeafoodSource

Experts see impact of U.S. tariffs in cargo level and container booking forecasts

April 9, 2025 —  Retail, shipping, and logistics industry stakeholders are already seeing the impacts of U.S. President Donald Trump’s sweeping tariff program and warn of more to come.

Trump first announced a set of sweeping tariffs on 2 April that were going to hit every country with tariffs ranging from 10 percent to 50 percent. A later announcement on 9 April paused those tariffs for most countries, while raising tariffs against China to 125 percent.

Read the full article at SeafoodSource

US federal funding cuts eliminating traditionally steady purchases of seafood

April 9, 2025 — Massive funding cuts that U.S. President Donald Trump’s administration has made to the U.S. Department of Agriculture’s (USDA) Local Food Purchase Assistance (LFPA) Cooperative Program are cutting off traditionally reliable buyers of the nation’s seafood.

The LFPA cuts amount to an estimated USD 1.13 billion (EUR 1 billion) and are hampering the ability of food banks across the nation to feed local populations with safe, fresh food options, including local seafood.

Read the full article at SeadfoodSource

NEW YORK: New York’s wind farms on Long Island face uncertainty after President Trump halts lease sales, permits

April 8, 2025 — Smith Point’s Park Beach is where offshore wind energy will soon come ashore. Crews there are laying cables for New York’s second wind farm with 84 turbines 30 miles off Montauk.

“We have this untapped renewable resource, the wind… this is going to power millions of homes… with almost zero fossil fuel use,” Melissa Parrot, executive director of Renewable Energy Long Island said. “The planet is at stake. We see the glaciers melting… you see the storms, you see the floods… and the number one way to curb climate change is to stop our CO2 output, which is fossil fuel use.”

Hope has turned to uncertainty. On his first day in office, President Trump halted ocean wind lease sales and permits, ordering a full review. His strategy prioritizes oil, gas and coal to lower prices, he said.

“We have more energy than anybody and we are going to be unleashing it,” Mr. Trump said.

On the other end of of Long Island and on the flip side of the debate, Christina Kramer of Protect Our Coast – LINY applauds Mr. Trump’s decision. She turned against offshore wind when a transmission line was proposed on her Long Beach block. Her group argues wind energy is unreliable, costly and environmentally harmful.

Read the full article at CBS News

Customs guidance on Trump tariffs appears to give domestic seafood a slight break

April 7, 2025 — A bulletin issued by U.S. Customs and Border Protection (CBP) providing additional guidance on U.S. President Donald Trump’s sweeping tariffs has revealed importers have until 27 May to bring goods onshore to avoid additional fees – and that U.S.-origin seafood will be given a break on tariffed value when re-imported.

Trump issued sweeping tariffs hitting virtually every country on 2 April – a move that will affect billions of dollars of seafood imports. The U.S. imports far more seafood than it produces; according to the U.S. Department of Agriculture, the country imported USD 25.3 billion (EUR 23.1 billion) worth of seafood products in 2023, resulting in a trade deficit of USD 20.3 billion (EUR 18.6 billion).

Read the full article at SeafoodSource

US offshore wind farm projects slow as Trump opposition adds to hurdles

April 7, 2025 —  Energy firms have slowed construction of offshore wind farms in the U.S. for various reasons in recent years, including, most recently, opposition from U.S. President Donald Trump’s administration.

Offshore wind was a key pillar of former President Joe Biden’s promise that fighting climate change will create jobs and invigorate the economy. In 2023 and 2024, however, several offshore wind companies took billions in write-offs, impairments and other cancellation fees after determining they could no longer complete projects profitably due to rocketing construction costs, higher interest rates and supply chain snags.

After Trump suspended new offshore wind leasing on his first day back in the Oval Office in January, several energy analysts said they did not expect any new offshore wind projects other than those already under construction to move forward over the next few years.

There are four offshore wind farms in service and producing power in the U.S., and another four projects under construction that are expected to enter service from 2025-2027. There are also several projects in advanced development.

Recently, some analysts have warned that projects already under construction may not be safe from attacks by the Trump administration.

Read the full article at Reuters

Plenty of fish: Gov. DeSantis says Donald Trump ‘supportive’ of Atlantic snapper harvest

April 7, 2025 — Florida’s Governor says the federal government may come through in expanding the red snapper season in the Atlantic.

“I think the administration is supportive of it,” Gov. Ron DeSantis said.

“I have mentioned it to the President, but I definitely mentioned it also to the Secretary of the Commerce. And I know they’re still filling out NOAA (the National Oceanic and Atmospheric Administration) and they’re doing, still, all that. And there’s a lot of irons in the fire, but returning this to state management would be a home run.”

Recreational anglers got just one day in 2024, though commercial operations had from July until the end of the year.

Read the full article at Florida Politics 

China hits all US goods with 34 percent tariff, escalating Trump trade war

April 4, 2025 — China’s Ministry of Finance has announced 34 percent tariffs on all U.S. goods in response to U.S. President Donald Trump’s latest tariff order.

Trump announced sweeping tariffs 2 April targeting nearly every country in the world with a baseline 10 percent tariff. As part of the trade action, China was hit with an additional 34 percent tariff, adding to two existing tariff actions to reach a 54 percent tariff on Chinese goods.

Read the full article at SeafoodSource

US grocers, restaurants sound alarm on Trump tariffs, inflation

April 3, 2025 — U.S. retail and restaurant operators said they are concerned about the impact U.S. President Donald Trump’s tariffs on imports from several countries will have on food prices, consumers, and businesses.

The U.S restaurant industry, which is already struggling financially with multiple bankruptcies, restaurant closures, and higher food prices, will now have to navigate the fallout of tariffs in order to keep their doors open, National Restaurant Association (NRA) President and CEO Michelle Korsmo said.

Read the full article at SeafoodSource

Trump’s latest tariff order hits billions in US seafood imports from top source countries

April 3, 2025 — On 2 April, U.S. President Donald Trump followed through on earlier promises to enact “reciprocal” tariffs, announcing a set of sweeping tariffs that will hit nearly every country in the world – and could cost U.S. seafood importers billions of dollars.

Trump, who declared his tariff action “Liberation Day,” signed an order to enact 10 percent tariffs on all countries by 5 April and additional tariffs on a range of countries that will take effect 9 April. In its official fact sheet about the tariffs, the White House said the tariffs are intended to “rebuild the economy and restore national and economic security.”

Read the full article at SeafoodSource

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