By Staff
The European Union has finalized an agreement to eliminate tariffs on live and frozen U.S. lobsters, retroactive to Aug. 1.
The deal should substantially boost sales of Maine lobster to European markets. The agreement is expected to last for five years, with the EU taking steps to make it permanent, according to a news release.
“This is a step in the right direction for U.S. lobster businesses,” said Annie Tselikis, executive director of the Maine Lobster Dealers Association.
In years past, the European Union had been a top destination for American lobster, accounting for approximately 15% to 20% of annual lobster exports.
every time there s positive news in the trade war, the dow is in the green, the s&p 500 jumps up, it rises, it soars. but every time there s bad news, then it drops back down. this week, of course, there s progress, a breakthrough, a mini deal. of course, when it comes to the dow and s&p 500, those were all in the green, all positive. how does it help farmers and the manufacturing industry? this is very concerning to president trump. a lot of the farmers are in swing states. when it comes to his 2020 re-election bid, he wants to make sure those voters are on his side. that s what we re getting out of this mini deal. china promising 40 to $50 billion worth of purchases of american farm goods. so from there perspective, that is beneficial. but when it comes to the biggest part of the trade deal, when it comes to stopping the force tech transfers and intellectual property from companies, we re nowhere near getting that done. president trump is going to sign this watered down mini deal
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top-line number for 2014, and 2015 at best, where they set the budget figure just for this little two-year period. they don t have to negotiate something much bigger. but what they will do is try to replace some of these unpopular sequester cuts through domestic and military spending. they ll divide it evenly and they ll get the money through some key increases in the government. they ll avoid tax increases because republicans won t go along with that without the entitlement reforms that democrats aren t going to agree to. it s going to be a mini deal that they carve out with just a much smaller smaller elements here. there s no guarantee they ll get that. but it s much more likely if they aim for small. for small. you already said the president s approval ratings took a hit over obama care. congress, their approval rate something 10%, and you ve got all 435 members of the house up for re-election in the 2014 midterm, 35 senate sees up for re-election, 21 democrats, and then you ha
welfare. he spoke earlier in his presidency. the first speech he gave joint session of congress education, energy and healthcare. he is in part on his way. going to revolutionize the country. he he doesn t care. when we heard that what he said this afternoon, he he was mocking the idea of cutting spending and then he said i m going to stand up for seniors and all the others will be heard. this is an annall of this is dot care if we go over the cliff or not. he thinks he wins either way. he is not going to bend on spending in the future. bret: down the road, does this mini deal come together tonight, tomorrow? i think it likely will and i think it s likely the house will reject it. i don t know because i didn t think we were going to go over the cliff. bret: and here we are. here we are. i was wrong about that. i would hope that they would be able to work something out and be able to get something