Why a Small Gulf Town Is Thrilled with Trump's Tariffs
People living in a small coastal village recently rechristened Gulf of America are rejoicing over President Trump's contentious tariff proposal following their economy being devastated by inexpensive imports. Jeremy Zirlott, who works as a commercial shrimp fisherman in Bayou La Batre, Alabama He couldn’t scarcely believe it when he witnessed Trump announcing tariffs on imports from various countries worldwide last week. But while Global markets responded with shock. to the plan, Zirlott told the Wall Street Journal to him, it appeared almost unreal. Trump's tariff plan will impose heavy levies on nations that export the majority of America's shrimp, including a hefty 46 percent tariff on Vietnamese imports and 32 percent on Indonesia . These same imports had decimated the economy in Bayou La Batre in recent years, as the small fishing town couldn't compete with the influx of cheap farmed shrimp from overseas. Income and sales tax revenue in t...
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