The seafood industry could be seriously disrupted if Trump goes through with a plan to impose a 25% tax on all products entering the country from Canada.
PORTLAND, Maine — The incoming administration of President-elect Donald Trump is likely to bring big changes for one of the oldest sectors of the U.S. economy — seafood — and some in the industry believe the returning president will be more responsive to its needs.
Economic analysts paint a more complicated picture, as they fear Trump’s pending trade hostilities with major trading partners Canada and China could make an already pricy kind of protein more expensive to consumers. Conservationists also fear Trump’s emphasis on government deregulation could jeopardize fish stocks that are already in peril.
But many in the commercial fishing and seafood processing industries said they are excited for Trump’s second presidency. They said they expect he’ll allow fishing in protected areas as he did in his first presidency, crack down on offshore wind …
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