Donald Trump Archives - Page 3 of 104

US tariffs reshaping trade dynamics of Asia’s top shrimp exporters

August 18, 2025 — The U.S.’s reciprocal tariffs on many shrimp-exporting countries are realigning global supply chains and forcing major Asian producers, including Vietnam, Indonesia, and India, to rethink their strategies.

India, the largest shrimp supplier to the U.S., faces the most severe impact from the newly implemented tariffs. The nation is currently subject to a 25 percent reciprocal tariff, which could jump to 50 percent on 27 August under a new executive order from U.S. President Donald Trump. When combined with existing anti-dumping (AD) and countervailing duties (CVD), the total tariff burden could reach as high as 58.26 percent.

Read the full article at SeafoodSource

Tariff-related slowdown for logistics sector could spell trouble for retailers, consumers

August 18, 2025 — Shipping and logistics experts are predicting a sector-wide slowdown after U.S. President Donald Trump recently announced he was extending a pause on proposed tariffs on Chinese imports.

The first pause on U.S.-China tariffs, which was announced in May, resulted in a rush of cargo into the U.S. from the Far East. Rates for shipping containers went up, container availability went down, and U.S. ports saw record high volumes.

Read the full article at SeafoodSource

NEW JERSEY: New Jersey revokes approval for Atlantic Shores offshore wind farm; company calls it ‘a pause’

August 14, 2025 — New Jersey utility regulators on Wednesday canceled their preliminary approval of the Atlantic Shores offshore wind energy project as the industry continues to struggle with financial challenges and an all-out assault from President Donald Trump.

But the company called the action “a pause,” not necessarily the end of the project.

The state Board of Public Utilities terminated the Offshore Wind Renewable Energy Certificate for Atlantic Shores, a proposed two-phase wind farm between Atlantic City and Barnegat Light with 197 wind turbines capable of powering 1 million homes.

On June 4, Atlantic Shores asked the BPU to do so, saying the project is “no longer viable” due to Trump’s war on wind power and economic challenges facing the industry.

But it also indicated it might seek to revive the project in the future, calling the cancellation “a reset period.”

Trump delays tariffs on China for another 90 days

August 13, 2025 — U.S. President Donald Trump has signed an executive order further delaying a proposed tariff increase for another 90 days.

The latest order, “Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions with the People’s Republic of China,” cites ongoing trade talks between U.S. and Chinese officials as a reason for the delay. With the new order, the existing suspension on tariffs will now last until 12:01 a.m. Eastern Standard Time on 10 November.

Read the full article at SeafoodSource

New tariffs could boost Gulf Coast seafood industry, as lawmakers push for sustainable aquaculture

August 8, 2025 — New tariffs ranging from 15% to 20% take effect this week on a wide range of imported goods, including fruits, vegetables, meat, dairy, and fish.

While shoppers may feel the pinch at the checkout, some in the U.S. seafood industry see an opportunity.

Nearly 85% of the seafood consumed in the United States is imported, according to Galveston fisherman, Scott Hickman. Major seafood suppliers including Vietnam and Indonesia both now facing new tariffs of up to 20%. The changes, part of the latest round of President Donald Trump’s trade war, are prompting renewed focus on sourcing food domestically.

For longtime Galveston fisherman Hickman, this is a welcome shift.

“America’s become addicted to cheap seafood that’s raised in ways they wouldn’t approve,” Hickman said. “Most Americans, I think, would rather spend a little bit more for the shrimp po’ boy or the crab fingers if they know it’s American-produced.”

Hickam says tariffs level the playing field for fishermen. He’s also pointing to new legislation in Congress looking to expand seafood production in the United States.

Read the full article at Click 2 Houston

New turtle excluder device showing promising signs of protecting both juvenile turtles and maintaining shrimp catch

August 7, 2025 — A new turtle excluder device (TED) design being tested in the Gulf of Mexico, currently referred to as the Gulf of America by the administration of U.S. President Donald Trump, aims to save juvenile turtles from bycatch without diminishing shrimp catch.

TEDs have long been used by shrimp trawlers to reduce sea turtle bycatch. The current industry standard, while successful at reducing bycatch of adult sea turtles, often fails to exclude juvenile turtles, which can fit between their 4 inch-spaced bars.

Read the full article at SeafoodSource

US retail, restaurant groups express grave concerns with new tariff rates

August 6, 2025 — U.S. retail and restaurant trade groups are urging President Donald Trump to lower tariffs and pursue other measures to achieve his trade goals after he recently issued an executive order implementing new duty rates on 69 countries and the European Union.

“We encourage the [Trump] administration to negotiate binding trade agreements that truly open markets by lowering tariffs, not raising them,” National Retail Federation Executive Vice President of Government Relations David French said. “These higher tariffs will hurt Americans, including consumers, retailers and their employees, and manufacturers because the direct result of tariffs will be higher prices, decreased hiring, fewer capital expenditures, and slower innovation.”

Read the full article at SeafoodSource

RHODE ISLAND: Proposed NOAA cuts raise concerns for Rhode Island’s fishing industry

August 4, 2025 — President Donald Trump’s proposed budget for the upcoming year includes significant cuts to the National Oceanic and Atmospheric Administration (NOAA), spurring pushback from Rhode Island lawmakers.

The administration is proposing a $1.6 billion year-over-year reduction to NOAA’s budget. The plan specifically calls for the complete elimination of funding for climate research in fiscal year 2026, which begins Oct. 1.

Some of these proposed cuts have already raised alarms among those who depend on NOAA’s services — particularly commercial fishermen in the Ocean State.

Point Judith fisherman Frederick Mattera has more than 40 years of experience. Mattera said his industry relies heavily on two specific aspects of NOAA that are at risk in next year’s budget: climate research and weather data.

Read the full article at WPRI

Trump administration cancels plans to develop new offshore wind projects

August 1, 2025 — The Trump administration is canceling plans to use large areas of federal waters for new offshore wind development, the latest step to suppress the industry in the United States.

More than 3.5 million acres had been designated wind energy areas, the offshore locations deemed most suitable for wind energy development. The Bureau of Ocean Energy Management is now rescinding all designated wind energy areas in federal waters, announcing on Wednesday an end to setting aside large areas for “speculative wind development.”

Offshore wind lease sales were anticipated off the coasts of Texas, Louisiana, Maine, New York, California and Oregon, as well as in the central Atlantic. The Biden administration last year had announced a five-year schedule to lease federal offshore tracts for wind energy production.

Trump began reversing the country’s energy policies after taking office in January. A series of executive orders took aim at increasing oil, gas and coal production.

Read the full article at the Associated Press

US Senate Commerce Committee advances Trump’s nominee to lead NOAA

August 1, 2025 — The U.S. Senate Commerce Committee voted to advance the nomination of Neil Jacobs – a former NOAA acting administrator and U.S. President Donald Trump’s current pick to lead the agency once more.

Jacobs was first named acting administrator of NOAA in 2018 during Trump’s first administration, but his nomination was never approved by the full Senate. When Trump was succeeded by President Joe Biden, Jacobs was replaced by Richard Spinrad.

Read the full article at SeafoodSource