Tariffs introduced by President Donald Trump this past week have been praised by U.S. seafood harvesters who say the president “threw us a lifeline” in the country’s struggling domestic shrimp industry.
“The U.S. domestic shrimp industry has been on a downward trajectory for decades now as a direct result of the unfair trade in the overseas aquaculture industry for growing shrimp overseas,” Leann Borsarge, the COO of Bosarge Boats, told Fox Business on Friday.
“And these tariffs threw us a lifeline that we needed to hopefully live to fight another day in our industry in this country,” Borsarge added.
On Wednesday, President Trump announced a baseline levy of 10 percent on imports from foreign countries and “individualized reciprocal higher” tariffs on certain countries, which shrimp harvesters believe will help them compete against the foreign
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