December 8, 2020 โ The U.S. Department of Agriculture (USDA) has announced a one-month extension to the signup period for the Seafood Trade Relief Program.
The program is designed to support the U.S. seafood industry by offsetting some of the impacts of retaliatory tariffs implemented by foreign governments. Thanks to the extension, impacted fishermen can now sign up for the program through 15 January, 2021.
September 16, 2020 โ Whatever the relationship between China and the United States โ particularly the lobster industry โ may be, Maine lobstermen are certainly living in interesting times.
Last week, a scant two months before the upcoming presidential election, the U.S. Department of Agriculture announced that it would soon release some $530 million appropriated by Congress last March under the CARES Act to assist the U.S. seafood industry and fishermen damaged by retaliatory tariffs. Those tariffs have been imposed primarily by China and the European Union on imports of U.S. live and processed seafood.
Payments from the Seafood Trade Relief Program vary by species and are based on each fishermanโs 2019 landings multiplied by an amount established by the USDA. For lobstermen, the multiplier is 50 cents per pound. Total payments to Maine lobstermen based on 2019 landings figures could reach $50 million.
Herring fishermen get 4 cents per pound. Salmon farmers get 16 cents per pound. The total payment is limited to $250,000 to any one fisherman or entity. Some fishermen and most aquaculturists operate as small business corporations or limited liability companies, for all species combined, and payments are subject to federal and state income tax.
That limit means nothing to the shellfish farmers who grow primarily oysters, mussels, hardshell clams and scallops in Maine. They get nothing, presumably because exports of those species, if any, were not damaged by tariffs.
September 11, 2020 โ The U.S. Department of Agriculture will provide $530 million in relief payments for fishermen taking a hit from retaliatory foreign trade tariffs during 2019, using economic modeling to calculate how much trade wars have cost the industry.
โThe 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,โ USDA Secretary Sonny Perdue said in announcing the program.
Promised by Trump after a June 5 roundtable meeting with Maine fishermen, the STRP comes out of a June 24 presidential memorandum directing the same tariff relief for marine fisheries as for farming.
USDA experts use economic modeling to calculate how much tariffs reduced the value of each species, and how much per pound fishermen should be reimbursed.
For example, lobster exports were hit hard by China and European Union tariffs, and the economic modeling USDA uses to calculate ranks them in the top payment rates, $0.50 per pound. The Northwest geoduck fishery took a hit of $0.76 per pound, according to the modeling.
September 9, 2020 โ 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 USDAโs Farm Service Agency (FSA).
โMany 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,โ said Secretary Perdue. โThe 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.โ
Background:
The Seafood Trade Relief Program funding will support the following seafood types:
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.
September 9, 2020 โ The following was released by the United States Department of Agriculture:
If you are a U.S. fisherman impacted by retaliatory tariffs, you may qualify for funding through the Seafood Trade Relief Program (STRP).
Sign-up for the Program
Sign-up for relief through the program from September 14, 2020 through December 14, 2020 by submitting an application through your local USDA Service Center.
The application form will be available here starting September 14, 2020
Service Center Status
All USDA Service Centers are open for business, including some that are open to visitors to conduct business in person by appointment only. More information can be found at farmers.gov/coronavirus/service-center-status.
About the Seafood Trade Relief Program
STRP is part of a relief strategy to support fishermen and other producers while the administration continues to work on free, fair and reciprocal trade deals to open more markets to help American farmers compete globally. The STRP prohibits a person or legal entity from receiving more than $250,000 from the program. In addition, an applicantโs average adjusted gross income (AGI) cannot exceed $900,000 unless at least 75 percent of the AGI of the person or entity comes from farming, ranching, forestry, seafood harvesting, or related activities.
Seafood commodities covered through STRP include:
Additional Resources
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