WASHINGTON — During a U.S. Senate Finance Committee hearing this week, U.S. Senator Bill Cassidy, M.D. (R-LA) secured a commitment from President Trump’s Deputy Under Secretary of the Treasury nominee Jonathan Greenstein to support Louisiana shrimp producers and oppose unfair trade practices hurting the state’s seafood industry.
“We’re giving money to World Bank who gives money to another country for aquaculture, and then they dump their shrimp on us, putting us out of business,” said Dr. Cassidy.
“These egregious actions by international financial institutions are basically biased toward foreign competitors, who then dump into our market,” continued Dr. Cassidy.
Mr. Greenstein said President Trump is looking to address unfair practices hurting American businesses like shrimp dumping and that, if confirmed, he will work with Senator Cassidy to combat such practices.
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