Tag #Us Fishing Policy

How have overregulation and unfair foreign competition contributed to the decline of the American fishing industry?

These executive orders address the economic consequences of overregulation and foreign competition in the American fishing industry. The closure of Pacific waters negatively impacted American Samoa's economy, while overregulation and unfair trade practices led to a $20 billion seafood trade deficit and jeopardized thousands of American jobs. The orders aim to reverse these trends by reopening fishing grounds and streamlining regulations.