Alaska fishermen worry Trump tariffs will be ‘devastating’ to seafood industry

Alaska fishermen worry Trump tariffs will be ‘devastating’ to seafood industry
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Alaska fishermen are worried President TrumpDonald TrumpCapitol fencing starts coming down after 'Justice for J6' rally Netanyahu suggests Biden fell asleep in meeting with Israeli PM Aides try to keep Biden away from unscripted events or long interviews, book claims MORE's tariffs will be "devastating" to the seafood industry, according to a new Reuters report.

Fishermen in Alaska told Reuters that retaliatory tariffs from Beijing are hurting their industry, as China is the state's top export market for seafood. China last month imposed a 25 percent tariff on seafood from the Pacific Northwest, Reuters reported.

"This isn't an easily replaced market," Frances Leach, the executive director of Alaska's largest commercial fishing trade group, told Reuters. "What's going to happen is China is just going to stop buying Alaska fish."

Alaskan fishermen are one group of many that have been hit hard by Trump's billions of dollars in tariffs against China and other countries including Canada and Mexico. Many farmers and manufacturers in the U.S. have reported significant layoffs and financial losses due to harsh retaliatory tariffs from nations reacting to Trump's trade policies.

Trump recently proposed $12 billion in aid for farmers who have been negatively affected by his tariffs, and Alaskan lawmakers have stated he should consider the same for Alaska's fishing industry. 

"The administration’s announcement of $12 billion in aid is an admission that tariffs are hurting, not helping, our country,” Sen. Lisa MurkowskiLisa Ann MurkowskiEmboldened Trump takes aim at GOP foes The Hill's 12:30 Report - Presented by Facebook - DC prepares for Saturday of festivals & Jan. 6 demonstration Republican leaders misjudged Jan. 6 committee MORE (R-Alaska) said last month. “Yet, farmers are hardly the only ones caught in the crossfire — so, too, are our fishermen, the energy industry, and many others.”

Trump has slapped $34 billion in tariffs on Chinese goods and plans to implement $16 billion more on Aug. 23. China, the world's second-largest economy, has vowed to respond with retaliatory tariffs of the same amount on U.S. products.