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Lobster Industry News

Trump's trade policy is lifting exports. Of Canadian lobster.

November 12, 2017

https://www.nytimes.com/2017/11/12/business/trump-trade-lobster-canada.html

The elimination of European tariffs is "the single most challenging issue" for the American lobster industry, said Annie Tselikis, the executive director of the Maine Lobster Dealers' Association, which represents companies that buy lobster from Maine fishermen. "This trade agreement does give Canada a huge leg up in the European marketplace," she said.

Ms. Tselikis said the pact was encouraging American companies to invest in new facilities in Canada to qualify for the lower European tariff.

"If the argument is you're not going to develop this trade policy because you're worried about outsourcing jobs — well, here we are, potentially outsourcing jobs due to an absence of trade policy," she said.

 

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