Proc 10918ProclamationTrump 47 · R Quiet signal

Proclamation 10918

Unleashing American Commercial Fishing in the Pacific

This proclamation lifts the commercial fishing ban in the Pacific Remote Islands Marine National Monument (PRIMNM) for U.S.-flagged vessels between 50-200 nautical miles from landward boundaries where the monument overlaps with the U.S. Exclusive Economic Zone. It modifies Proclamation 9173's management provisions, directs the Secretary of Commerce to expeditiously publish new rules amending or repealing restrictive regulations, and maintains existing environmental and wildlife protections under laws like the Magnuson-Stevens Act and Endangered Species Act.

Impact dates

  1. Expeditiously publish new proposed rules in Federal Register to amend or repeal burdensome regulations restricting commercial fishing in PRIMNM

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Ban / prohibitionLicensing

Role pressure

  • ProtectiveDomestic producerU.S.-flagged commercial fishing vessels gain exclusive access to ~400,000 sq miles previously closed, with foreign competitors barred from direct fishing
  • AdverseTrading-partner exporterForeign-flagged vessels excluded from direct commercial fishing; only permitted for transshipment of U.S.-harvested fish, disadvantaging 'highly subsidized foreign fleets'
  • MixedDownstream manufacturerProcessors and distributors in American Samoa and U.S. mainland may benefit from increased domestic catch, but depend on fleet expansion and actual catch volumes

Geographies

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MAAPLAppleADMArcher Daniels MidlandBGBungeCATCaterpillarLNGCheniere EnergyCTVACortevaDACDanaosFDXFedExFCXFreeport-McMoRanGEVGE VernovaHONHoneywellMATXMatsonSPYSPDR S&P 500 ETFTSNTyson FoodsUPSUPSZTOZTO Express

Confidence: medium · Policy alerts

Key directives

  • Delete and replace management language in Proclamation 9173 section 'Management of the Marine National Monument'
  • Secretary of Commerce shall not prohibit commercial fishing between 50-200 nautical miles from landward boundaries where monument is coterminous with U.S. EEZ
  • Only U.S.-flagged vessels allowed to commercially fish; foreign-flagged vessels permitted only for transshipment of fish harvested by U.S. fishermen
  • Implementation of commercial fishing regulation shall be coordinated with Secretary of Defense
  • Secretary of Commerce through NOAA Administrator shall expeditiously publish new proposed rules to amend or repeal burdensome regulations restricting commercial fishing in PRIMNM
  • Secretary of Defense shall continue managing Wake Island and Johnston Atoll as specified in Proclamation 8336

Who is ordered

Timeline

Immediate

  • Proclamation takes effect upon signing; commercial fishing prohibition lifted in specified 50-200nm zones for U.S.-flagged vessels
  • Secretary of Commerce directed to expeditiously publish new proposed rules in Federal Register

Near term (90d)

  • Federal Register rulemaking process begins for amending/repealing burdensome regulations
  • Coordination between Commerce and Interior on management responsibilities
  • Permit system development for foreign-flagged transshipment vessels

Long term

  • Potential expansion of U.S. commercial fishing operations in Pacific EEZ
  • Structural shift in Pacific tuna/pelagic fisheries competitive dynamics
  • Ongoing monitoring of fish populations and ecosystem impacts under existing statutory frameworks

Risks & tensions

  • Ecological risk: Lifting ban relies on assertion that existing statutes (Magnuson-Stevens, ESA, MMPA) provide sufficient protection; actual effectiveness depends on enforcement and NOAA rulemaking quality
  • Economic tension for American Samoa: Proclamation claims 80% private sector dependence on fishing, but benefits depend on fleet capacity and market conditions
  • International friction: U.S. fleets competing against 'poorly regulated and highly subsidized foreign fleets' may trigger trade or diplomatic disputes; foreign-flagged transshipment permit conditions unclear
  • Legal vulnerability: Monument modification under Antiquities Act may face judicial challenge; 'invalid' severability clause suggests anticipated litigation
  • Coordination risk: Commerce-Defense coordination requirement for fishing regulation implementation adds bureaucratic complexity
  • Vague 'expeditiously' deadline creates uncertainty for rulemaking timeline and industry planning
Proclamation 10918: Unleashing American Commercial Fishing in the Pacific · Executive Orders