Industry mixed on Trump’s blanket tariffs
- President Trump announced tariffs on Wednesday, April 2, 2025, impacting numerous industries.
- Trump stated tariffs were vital to counter the US's policy of unilateral economic surrender.
- The tariffs included a baseline of 10% on imports and up to 34% on specific countries.
- Neil Bradley of the U.S. Chamber of Commerce stated that broad tariffs are a tax increase.
- The tariffs are projected to increase consumer prices, disrupt trade, and potentially force plant shutdowns.
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Louisiana shrimp industry celebrates Trump tariffs. 'We can't live like this anymore.'
The coastal industry has for years struggled to compete against cheap foreign imports and a pattern of fraudulent mislabeling at seafood restaurants. But shrimpers and advocates feel renewed optimism in Trump's "liberation day" tariffs announced Wednesday.
·Baton Rouge, United States
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