Trump order seeks looser regulation of US fishing industry

U.S. President Donald Trump issued an executive order aimed at increasing domestic seafood production by directing the Commerce Department to loosen regulations and by opening up marine monuments to commercial fishing, the White House said on Thursday. WHY IT'S IMPORTANT The order is Trump's latest effort to unwind regulations his administration regards as burdensome to American businesses. KEY QUOTE "The Order strengthens the U.S. fishing industry by reducing regulatory burdens, combating unfair foreign trade practices, and enhancing domestic seafood production and exports," the White House statement said.