August 1, 2018 — The Trump administration announced last week that it would provide up to $12 billion in emergency relief funding for farmers whose businesses are suffering from an escalating trade war.
Now a group of Democratic U.S. representatives is pressing for similar emergency relief for the fishing industry, which is expecting a significant financial hit from a series of increasing export tariffs imposed by China.
H.R. 6528, introduced last Wednesday by Rep. Seth Moulton (D-Mass.), would amend a provision in the Magnuson-Stevens Act that allows the federal government to provide funding to harvesters affected by natural or man-made disasters, such as hurricanes and oil spills. The bill would add cases of “unilateral tariffs imposed by other countries on any United States seafood” as events warranting emergency relief.
Read the full story at National Fisherman