Search Results for keywords:"quota"

The Office of the United States Trade Representative (USTR) has announced the trade levels of sugar and syrup products from several countries, which affect their eligibility for duty-free entry under various trade agreements. For the 2025 calendar year, Chile, Morocco, the Dominican Republic, and Peru have negative trade surpluses, meaning their goods cannot enter the U.S. duty-free. Meanwhile, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Colombia, and Panama have varying positive trade surpluses and can export limited quantities to the U.S. without tariffs, based on predetermined quotas.

NMFS, a branch of NOAA within the Commerce Department, announced a temporary closure of the Atlantic bluefin tuna trophy fishery in the southern region for 2025. This closure affects recreational fishing for bluefin tuna measuring over 73 inches in length, as the quota for this category has been reached and exceeded. Fishing in the designated area must stop from February 28, 2025, until the end of the year to prevent further overfishing. While fishing is closed, anglers can still catch and release bluefin tuna, ensuring the fish are handled properly to maximize their survival.

The National Marine Fisheries Service (NMFS) is implementing a temporary closure for commercial fishing of Atlantic cobia in federal waters from Georgia to New York. This closure will start on December 18, 2024, because the commercial quota for Atlantic cobia is expected to be reached by that date. The closure will last until the end of the fishing year on December 31, 2024, to help protect the cobia population. During this period, harvesting, selling, or trading Atlantic cobia will not be allowed, except for those already harvested, landed, and sold before the closure date.