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US moves to protect lobster industry, threatens tariffs on China

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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.

 

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