U.S. moves to protect lobster industry, threatens tariffs on China

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

U.S. 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.

FILE PHOTO: Lobsters are seen in a crate after being brought in by a lobsterman in Stonington, Maine, U.S., July 5, 2017. REUTERS/Shannon Stapleton

In the memorandum, Trump also directed the U.S. 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. The U.S. Trade Representative’s office and the Maine Lobstermen’s Association did not immediately respond to requests for comment.

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:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Vote for bunkerboy WankTheLobster 😁😁😁

the USA is a communist state now. they have privatized their companies by buying equity. The people of the USA are the owners of these companies. Congratulations becoming communist.

Good.

Trump’s MO: Step 1: Create problem for American businesses. Step 2: Implement protectionism to claim you have solved the problem you created in the first place. Step 3: Yell that you are winning!

Good, because Lobsters are way overpriced in the US.

Good

CH can squeeze crooked trump to death if it decides so, but hasn't been done becasue CH still playing patient. It makes peace with india because both see US as the ultimate threat for their survival so they're measuting up to slam US with an unexpected nasty. CH is dead anyway.

Correction: Trump is a dog who begged China to help him with the elections and has no idea how tariffs work. Also, our “trade guy” has no clue what to do in his role. CanadaSaveUS

did he call them or write a letter?

123,000 dead, but hey, thanks for the cheap lobster 🖕

Not that this is not important. But we are more concerned with trying to stay alive. You know, since Covid19 is still around. Call me crazy, but I'm convinced Trump is trying to kill us.

I can’t believe how cheap lobsters are nowadays. In the past two months, I paid $4.88/lb, - $7.88/lb. each is slightly over 1lb. I haven’t seen this price in Toronto die 15 years.

It's not fair to lobsters, they should play at ocean bottom

U.S. moves to buffer effect of Trump's disastrous trade policy.

'Lobster King' - Ron Vara

By not giving the fishermen monies in time they've had to lay off shoremen, warehouse, fishermen, shipping, etc. workers. Lose boats, mechanics, Marinas, homes, lives. $4.99lb for a steamed lobster? Are the big fishermen driving out the competition, and giving Trumps kickbacks?

Something fishy is going on here...perhaps China is being reminded of its Quid Pro Quo deal?!

Another meaning is :Begging China to buy more lobsters to save American fishmen.

China is ready with a new flavor of Corona

Send them rats and bats, i am sure no Chinese tariffs on them

Thank you Trump

The idiots are rearranging deck chairs on the Titanic. How freaking tone deaf... who can afford Lobsters with 15% unemployment but yeah defund govt COVID testing too while you’re at it.

Lol, lobster king

So another bailout for your failings🤨

Why waited for so long?

realDonaldTrump China over-fishing across the world FAO BorisJohnson pradeeepjourno

Appreciate, China needs to get a taste of its own medicine, EVERYDAY. POTUS

Perhaps you should read this. Trump tariffs caused the problem in the first damn place.

Obamagate my ass

The last round of tariffs bankrupted American farmers. Maybe, just maybe, we should stop electing republicans... 🤷‍♂️

Who told trump ? WHO ?

We love our bottom feeders lol.

OnIySerena

Have seen US doing that for many times, haven't we?

Oh here we go again.... more tariffs....🙄

The bigger issue is we import seafood from China? Have we learned nothing? If it comes from China don’t put it in your mouth.

I'll punish you if you don't buy. This is American trade policy. It's bandits

You can count of Trump to make matters worse.

I'm sorry but at this point 😂😂

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines