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Food Lobby Seeks Tariff Exemptions for Key Imports Amid Trump Trade Policies
Food Lobby Seeks Tariff Exemptions for Key Imports Amid Trump Trade Policies
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BTCCSquare news:
U.S. food industry leaders are intensifying efforts to secure exemptions from President Trump's latest tariff wave, targeting products like cucumbers, fish, and shrimp that rely heavily on imports. The National Fisheries Institute highlights that 85% of seafood consumed domestically is imported, with American fisheries already operating at capacity.
Trade tensions escalate as the WHITE House imposes new duties, pushing overall U.S. trade taxes to multi-decade highs. Lobbyists adopt a surgical approach, arguing tariffs on non-domestically produced goods will trigger cascading price increases throughout the food supply chain.
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