Commodity Credit Corporation Archives

USDA offers seafood industry more than $500 million to make up for trade war damage

September 10, 2020 — US Secretary of Agriculture Sonny Perdue announced Wednesday the US Department of Agriculture (USDA) will provide approximately $530 million (€449 million) to support the US seafood industry and fishermen impacted by retaliatory tariffs from foreign governments.

The funding will be provided through the Seafood Trade Relief Program and funded through the Commodity Credit Corporation (CCC), administered by USDA’s Farm Service Agency (FSA), according to the agency.

“The Seafood Trade Relief Program ensures fishermen and other US producers will not stand alone in facing unjustified retaliatory tariffs while President Trump continues working to solidify better and stronger trade deals around the globe.”

Read the full story at IntraFish

USDA proffers USD 530 million to seafood industry via Seafood Trade Relief Program

September 10, 2020 — The U.S. Department of Agriculture announced on Wednesday, 9 September, it will provide approximately USD 530 million (EUR 445.6 million) to seafood harvesters in the United States to compensate them for losses caused by retaliatory tariffs.

Up to USD 250,000 (EUR 209,967) will be made available to individual fishermen or businesses whose primary function is harvesting seafood and who have been harmed by tariffs imposed by foreign nations. The funding will be disbursed through the Seafood Trade Relief Program funding via the Commodity Credit Corporation, administered by USDA’s Farm Service Agency. Eligible individuals or companies can apply for relief from 14 September to 14 December through their local USDA Service Center. The application can be found here.

Read the full story at Seafood Source

USDA Supports U.S. Seafood Industry Impacted by Retaliatory Tariffs

September 9, 2020 — The following was released by the United States Department of Agriculture:

U.S. Secretary of Agriculture Sonny Perdue announced today that the U.S. Department of Agriculture (USDA) will provide approximately $530 million to support the U.S. seafood industry and fishermen impacted by retaliatory tariffs from foreign governments. The funding will be provided through the Seafood Trade Relief Program and funded through the Commodity Credit Corporation (CCC), administered by USDA’s Farm Service Agency (FSA).

“Many nations have not played by the rules for a long time, and President Trump is the first President to stand up to them and send a clear message that the United States will no longer tolerate unfair trade practices,” said Secretary Perdue. “The Seafood Trade Relief Program ensures fishermen and other U.S. producers will not stand alone in facing unjustified retaliatory tariffs while President Trump continues working to solidify better and stronger trade deals around the globe.”

Background:

The Seafood Trade Relief Program funding will support the following seafood types:

Atka mackerel
Crab, Dungeness, King, Snow, Southern Tanner
Flounder
Geoduck
Goosefish
Herrings
Lobster
Pacific Cod
Pacific Ocean Perch
Pollock
Sablefish
Salmon
Sole
Squid
Tuna
Turbot

Fishermen can sign-up for relief through the program from September 14, 2020 to December 14, 2020. Fishermen should apply through their local USDA Service Center. To find your local Service Center, visit www.farmers.gov/service-center-locator. The application can be found at www.farmers.gov/seafood.

All USDA Service Centers are open for business, including some that are open to visitors to conduct business in person by appointment only. All Service Center visitors wishing to conduct business with FSA, Natural Resources Conservation Service or any other Service Center agency should call ahead and schedule an appointment. Service Centers that are open for appointments will pre-screen visitors based on health concerns or recent travel, and visitors must adhere to social distancing guidelines. Visitors are also required to wear a face covering during their appointment. Our program delivery staff will be in the office, and they will be working with our producers in the office, by phone and using online tools. More information can be found at farmers.gov/coronavirus.