US moves to protect lobster industry, threatens tariffs on China

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

WASHINGTON (REUTERS) - US President Donald Trump signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up, a White House adviser dubbed the 'lobster king' said on Wednesday (June 24), adding China could face new tariffs.. Read more at straitstimes.com.

WASHINGTON - US President Donald Trump signed a memorandum aimed at protecting American lobster fishermen who have found export markets drying up, a White House adviser dubbed the"lobster king" said on Wednesday , adding China could face new tariffs.

In the memorandum, Trump also directed the US Agriculture Department to provide lobster fishermen with the same type of assistance other parts of the agriculture sector are receiving to protect them from harmful trade practices, Navarro said. "This is definitely good news," he told Reuters."The timing is good. This has been a tough summer for our lobstermen." The US Trade Representative's office and the Maine Lobstermen's Association did not immediately respond to requests for comment.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump threat to 'decouple' US and China hits trade, investment realityWASHINGTON (REUTERS) - Conflicting talk from Trump administration officials about 'decoupling' the US economy from China is running into a challenging reality: Chinese imports of US goods are rising, investment by American companies into China continues, and markets are wary of separating the world's biggest economies.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Trump threat to 'decouple' US and China hits trade, investment realityConflicting talk from Trump administration officials about 'decoupling' the U.S. economy from China is running into challenging reality: Chinese ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »