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US lobster industry hopes deal revives trade with China

US lobster industry hopes deal revives trade with China
A dealer at Cape Porpoise holds a 3½-pound lobster in Kennebunkport, Maine, in August. China is one of the biggest lobster markets in the world. AP PHOTO
Modified: 1/15/2020 11:26:29 PM
PORTLAND, Maine Members of the American lobster industry are hopeful the thawing of trade relations between the U.S. and China will reopen one of the biggest markets in the world for the seafood.
China is one of the biggest export destinations for lobster, which are trapped in the cold waters of the Atlantic Ocean by American and Canadian fishermen and are worth hundreds of millions of dollars per year. But President Donald Trump’s trade hostilities with China resulted in heavy tariffs on U.S. lobster exports, and Canada took firm control of the business over the last 18 months. ....

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Biden in no rush to alter Trump's trade policy

Biden and his team are tiptoeing, though, around one of Donald Trump s signature legacies: his go-it-alone moves to start a trade war with China. ....

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Biden treads carefully around Trump's combative trade policy | News, Sports, Jobs

WASHINGTON (AP) President Joe Biden has wasted no time in dumping a batch of major Trump administration policies. He rejoined the Paris climate agreement. H ....

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Biden tiptoes around Trump's combative China trade policy

In his first weeks in office, President Biden dumping a batch of major Trump administration policies. The trade war with China is not among them. Yet. ....

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Biden Treads Carefully Around Trump's Combative Trade Policy – InsuranceNewsNet

Biden Treads Carefully Around Trump's Combative Trade Policy – InsuranceNewsNet
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