North -americans grateful shrimp Trump’s rates -they threw us a lifetime “


American shrimp was pleased to see President Donald Trump Draw your last round of rates this week.

The President announced on Wednesday new rates on goods imported from foreign countries. New measures include a 10% reference tax on foreign imports and reciprocal individual rates in certain countries, said the White House.

Leann Bosarge, Bosarge Boats counselor, said Fox Business’ Lydia Hu On Friday the rates “launched a lifestyle” to the domestic shrimp industry.

What to know about the “Liberation Day” rates by President Donald Trump

“The U.S. domestic shrimp industry has been in a downward trajectory for decades as a direct result of the unfair trade of the aquaculture industry abroad for the growth of prawns abroad,” said Bosarge. “And these rates launched us a lifestyle we needed to live to fight another day in our industry in this country.”

The golf shrimp industry and the south Atlantic has seen the value of the shrimp that catches significantly, with Noaa fishing The data showing this has grown from $ 522 million by $ 2021 to $ 269 million by 2023, according to Southern Shrimp Alliance, a commercial organization that represented prawns, processors and other stakeholders in eight states.

Fisheries and shrimp commercial vessels were docked in Bayou Caddy Fisheries in a wetland area along the Gulf of Mexico in Bay St. Louis, Mississippi.

Fishing and shrimp commercial vessels are docked in Bayou Caddy’s fishing in an area of ​​wetlands along the Gulf of Mexico in Bay St. Louis, Mississippi. (Ron Buskirk/UCG/Group of universal images through Getty Images/Getty Images)

Hu reported that shrimp believe that tariffs will help level the pitch with the foreign shrimp industry.

Imports represent 94% of the shrimp eaten in the United States, with countries such as India, Ecuador, Indonesia, Vietnam, Thailand and Argentina among the main sources of the shrimp imported, according to the southern shrimp alliance.

The organization has said that subsidies, forced work and other factors have made the production of shrimp in foreign countries cheaper, hurting the industry of the North -American shrimp.

Trump’s rates: Who pays and charges what

Hu reported that Borsage was “receiving prices paid for the shrimp that received payment in the 1980’s and, of course, this is the prices of 2025 to do business.”

The new rates “are expected to stop imports and prevent the North -Americans from completely dependent on foreign shrimp producers while the administration addresses harmful commercial policies and application deficiencies,” according to Southern Shrimp Alliance.

Southern Director of Southern Shrimp Alliance, John Williams, said in a statement on Wednesday that the organization was “grateful for the actions of the Trump Administration”, saying that the rates “will preserve North -Americans, food security and our commitment to ethical production”.

The new import rates are integrated soon, and the White House said that the 10% base tax will arrive on April 5 and the reciprocal rates scheduled for April 9.

What is the term of Trump’s rates that involves an increase in prices?

While unveiled the rates on Wednesday, Trump said he was “one of the most important days, in my opinion, in North -American History,” call “the” United States Declaration economic independence. “”

Trump introducing tariffs

President Donald Trump maintains a graph of “reciprocal rates” as he speaks during a commercial announcement event “Make America Wealthy Again” in the Roses Garden of the Washington White House, DC, Wednesday. (Chip Somodevilla / Getty Images / Getty Images)

The President has moved to other tariffs since taking office. For example, in mid -March, it implemented a 25% tax on imported steel and aluminum.



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