U.S. Makes Progress on Trade Deals with Asian Nations
Last week, President Trump announced reciprocal trade agreements and frameworks of agreements with Malaysia, Cambodia, Thailand and Vietnam. However, the deals only reduce existing country-specific IEEPA reciprocal tariff rates for certain products listed in Annex III (pg. 38). Existing IEEPA tariffs (20% on Vietnam, 19% on other three nations) and additional duties on all other products remain in effect for all four nations.
President Trump will also meet with Chinese President Xi Jinping later this week to continue trade negotiations. ASA remains optimistic that an agreement can be reached that will provide some relief to our industry.
Click below to read the full release from the Office of the U.S. Trade Representative.
Senate Agriculture Committee Advances ASA Supported Legislation
Last week, the Senate Agriculture Committee voted to advance the bipartisan Fix Our Forests Act by an overwhelming majority. The bill, introduced by Senators Padilla (D-CA), Hickenlooper (D-CO), Curtis (R-UT) and Sheehy (R-MT), will restore forest health, increase resiliency to wildfires and increase the pace and scale of forest restoration projects – all of which have benefits for waterways and recreationally important fish species in the American west.
The House version of the Fix Our Forests Act passed earlier this year. Click the link below to read our joint letter in support.
Urge Louisiana Wildlife & Fisheries Commission to Maintain the Half Mile Buffer for Industrial Menhaden Fishing
The Louisiana Wildlife and Fisheries Commission is considering action to reduce the one-half mile shoreline buffer in place for the Gulf menhaden fishery down to one-quarter mile in most areas. If approved, this reduction would greenlight a 30% increase in industrial fishing access near the shoreline, threatening sportfish, forage fish, spawning and rearing habitat.
Click the link below to urge the Louisiana Wildlife and Fisheries Commission to oppose changes to the existing buffer and protect economically and culturally important recreational fisheries.
About The American Sportfishing Association
The American Sportfishing Association (ASA) is the sportfishing industry’s trade association committed to representing the interests of the sportfishing and boating industries as well as the entire sportfishing community. We give the industry and anglers a unified voice when emerging laws and policies could significantly affect sportfishing business or sportfishing itself. ASA invests in long-term ventures to ensure the industry will remain strong and prosperous, as well as safeguard and promote the enduring economic, conservation and social values of sportfishing in America. ASA also gives America’s 55 million anglers a voice in policy decisions that affect their ability to sustainably fish on our nation’s waterways through Keep America Fishing, our national angler advocacy campaign. America’s anglers generate nearly $50 billion in retail sales with a $125 billion impact on the nation’s economy creating employment for 800,000 people.
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