President Donald Trump‘s sweeping tariffs, announced Wednesday, have received strong support from the U.S. shrimp industry, which sees them as an opportunity for survival.
After peaking in the 1990s, the U.S. shrimp industry has faced a precipitous decline over the past 15 years. Cheaper imports of farmed shrimp, facing no import duties, have undercut U.S. wild-caught shrimp. The U.S. shrimping industry has lost half of its market value since 2021, according to the Southern Shrimp Alliance, ending the businesses of many.
Shrimpers now see Trump’s “Liberation Day” tariffs as a lifeline.
“We’ve watched as multigenerational family businesses tie up their boats, unable to compete with foreign producers who play by a completely…
