Saving Seafood

Dems seek tariff relief for fishing industry

August 1, 2018 — The Trump administration announced last week that it would provide up to $12 billion in emergency relief funding for farmers whose businesses are suffering from an escalating trade war.

Now a group of Democratic U.S. representatives is pressing for similar emergency relief for the fishing industry, which is expecting a significant financial hit from a series of increasing export tariffs imposed by China.

H.R. 6528, introduced last Wednesday by Rep. Seth Moulton (D-Mass.), would amend a provision in the Magnuson-Stevens Act that allows the federal government to provide funding to harvesters affected by natural or man-made disasters, such as hurricanes and oil spills. The bill would add cases of “unilateral tariffs imposed by other countries on any United States seafood” as events warranting emergency relief.

Read the full story at National Fisherman

 

US Chamber analysis shows helping all sectors hit by tariffs would cost $39 billion

July 31, 2018 — A new U.S. Chamber of Commerce analysis found that providing similar aid to all sectors affected by President Trump‘s tariffs would cost U.S. taxpayers $39 billion.

The Trump administration last week announced a $12 billion emergency aid package for the nation’s farmers who are taking a hard hit from retaliatory tariffs unloaded by China, Mexico, Canada and other trading partners because of the president’s imposition of tariffs.

The Chamber’s analysis shows that on top of the $12 billion that could be doled out to farmers as early as this fall, another $27.2 billion would be needed to help other sectors such as fishermen, cotton and fabric manufacturers and makers of steel and aluminum.

After Agriculture Secretary Sonny Perdue announced the agriculture aid last week, the Chamber decided to determine how much it would cost to provide a similar level of aid to each industry affected by the budding trade war.

Read the full story at The Hill

 

Five US House Democrats get behind tariff-relief bill for fishermen

July 30, 2018 — In the same week that President Donald Trump announced his plan to offer land farmers in the US $12 billion to help compensate for losses suffered as a result of his trade scuffles with China and other nations, a small group of Democrats in the House of Representatives have put forth a plan to help fishermen.

HR 6528, introduced Wednesday by Massachusetts representative Seth Moulton, would amend a provision contained in the Magnuson Stevens Act that allows for the government to make money available to harvesters in the case of a natural or man-made disaster. It would add language that clarifies that such funds can also be used in the case of “unilateral tariffs imposed by other countries on any United States seafood.”

Co-sponsors of the bill include representatives Chellie Pingree of Maine, Stephen Lynch and William Keating, both of Massachusetts, Jared Huffman of California, and Raul Grijalva of Arizona.

Pingree, an organic farmer, has been particularly vocal about the president’s tough trade stance, writing letters to the US Department of Agriculture (USDA) and US Trade Representative.

“Farmers haven’t been the only ones to suffer the consequences of the Trump administration’s sloppy trade actions,” she said in a statement issued this week.

Read the full story at Undercurrent News