News

Prices for lobster meat have hit record highs in the U.S. this year thanks to surging demand from China and environmental factors such as the unseasonably cold winter. This comes two years after ...
America’s live lobster sales to China hit a two-year low in July, the first month a new tariff on Maine’s signature export took effect. The United States shipped $4.2 million of live lobster ...
China is raising its tariff on U.S. lobster imports yet again, from 25 to 35 percent, delivering more bad news to an industry that has seen sales to its fastest-growing international market fall ...
China, a huge and growing customer for lobster, placed heavy tariffs on U.S. lobsters — and many other food products — in July 2018 amid rising trade hostilities between the Chinese and the ...
China's American lobster imports grew from $108.3 million in 2016 to $142.4 million last year, and the country barely imported any American lobster a decade ago.
BIDDEFORD, Maine (AP) — China’s hunger for American lobsters is helping keep prices high to U.S. consumers, but a tariff on the seafood does not appear imminent. The Asian country imported ...
Australia and China are set to end their long-running dispute over lobsters. On October 10, 2024, Australia’s Prime Minister, Anthony Albanese, announced that China would lift its sanctions on ...
From 2010 to 2017, Canadian lobster exports to China rose from around $1-million to $173-million. American lobster producers had enjoyed a similar boom – until politics got in the way.
Red Lobster’s new CEO said customer feedback has improved significantly since the restaurant chain emerged from bankruptcy ...
China was the biggest market for Australian rock lobster, accounting for 90 per cent of exports, before the ban. The lobster trade was worth more than £359m in 2019.
The tariffs are especially significant because China trailed just behind the U.S. in terms of top export markets for Nova ...