April 27, 2025 โ Permitting is a costly regulatory hurdle among many U.S. industries with money, time, opportunity and business are all lost to the cumbersome grind of securing the governmentโs approval.
Consider the seafood industry, which President Donald Trump just threw a life-jacket.
Despite the United States controlling over four million square miles of prime fishing grounds, nearly 90% of seafood consumed domestically is imported, contributing to a trade deficit exceeding $20 billion, according to the executive order.
At the POWERS Summit and Expo hosted by the American Association of Port Authorities, U.S. Maritime Administrator Ann Phillips addressed the financial and operational challenges posed by inconsistent federal permitting processes for aquaculture facilities.
She highlighted that varying enforcement practices by the National Marine Fisheries Service under the Endangered Species Act have led to unpredictability and increased costs for aquaculture operators.
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