Shrimp with Gulf Coast is calling for strong federal security, saying that inappropriate foreign trade practices and international investment are destroying their industry.
Shrimp with Gulf Coast says they need more help than the federal government with cheap Shrimp import Reducing local demand from countries like Ecuador, India, Indonesia and Vietnam.
With mutual tariffs on imports from countries for 90 days, the shrimp wonder if they will find a lifeline, they say they are in dire need. Some shrimp farmers are ready to push for measures such as capping imports at 25%.
With rodney olender Louisiana shrimp The task force has been delivering the Gulf Coast Waters to the shrimp for more than 40 years.
The shrimp season is just one month away. But Rodney said that the shrimp industry has been suffering for years. Now he is working with the Trump administration, hoping to save his business.
Some Gulf Coast Shrimp believes that small tariffs can also benefit local farming shrimp. (Fox News / Fox News)
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Rodney said, “We need to put a hat on the amount of shrimp coming into the country.” “You are going to keep a shine of shrimp on the market and our price will never be reversal. So we are hoping again that with these tariffs, perhaps it will change the things. It’s the only thing we have got to hang our hat. We are losing our industry.”
According to NOAA fisheries, between 2021 and 2024, the US spent between $ 6 to 8 billion per year on shrimp from other countries. Making it top seafood imports.
Thomas Olender said that the number of thousands of commercial fishermen has reduced in the last few decades. (Fox News / Fox News)
In 2023 alone, NOAA Fisheries said that US seafood imports were more than $ 20 billion compared to seafood exports.
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Thomas Olender with Louisiana Shrimp Association said that a business difference makes things worse.
“You can only go so far. We think we have hit that mark,” Thomas said. “We now have only one way to go and it has come back.”
Industry leaders say tariffs may be the key to their businesses.
Louisiana Shrimp Task Force has warned that the shrimp is reducing us with cheap imports. (Fox News / Fox News)
“We are already reporting that the prices of our shrimp are already going up. So it was really good news that we had heard in the last few weeks. The price of our product is increasing,” Thomas said. “For the last 2 or 3 years we had a low price during this previous administration.”
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On Wednesday, President Trump announced a 90-day stagnation High fee For 75 countries, even though he kept a 10% universal rate.
Shrimp is fighting for major policy changes, in which a business is sent back to the industry from punishment and duties. Right now that money goes to the treasury.
