I believe it is fair business practice for Vietnamese catfish importers to step in and capture market share while the market has been expanded due to the domestic industry. In a reverse situation I feel American catfish importers would have done the same thing. It happens for frequently in every business sector, when an industry starts expanding and shows the potential to make a lot of profits, of course you are going to try and capture some of those profits. I do feel that if quality differences exist they should be some sort of label to distinguish between the two like in the beef industry. In this industry, there is a different grade of beef to determine the quality of said beef; the exact same thing could be done in the catfish industry. Grade A is going to be your top quality catfish, and thus would carry a higher price than say grade D catfish. By using this type of labels, you wouldn’t have to worry about a label ban because it strictly labeled already with the quality. Higher grade catfish would still carry the premium price of lesser quality imports.
I do believe most industries can influence U.S. lawmakers to make decisions in its favor. The United States is a very protectionist type of economy. It’s been shown numerous times throughout our countries history that lawmakers aren’t opposed to putting tariffs on imported goods, restrictive quotas, and a variety of other government regulations designed to allow fair competition between imports and domestic