Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Canadian lobster exports boom amid U.S. trade tensions with China

byCT Report
27/08/2019
in Uncategorized
Share on FacebookShare on Twitter

U.S. lobster exports to China have fallen off a cliff this year as new retaliatory tariffs shift the seafood business farther north.

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 Trump administration.

You might also like

RCCI celebrates World Egg Day 2026

24/10/2026

Federal govt approves $200m World Bank reform programme for KP

24/10/2026

Meanwhile, business is booming in Canada, where cargo planes are coming to Halifax and Moncton, N.B., to handle a growing bump in exports. Canadian fishermen catch the same species of lobster as American fishermen, who are based mostly in Maine.

The loss of business has brought layoffs to some Maine businesses, such as The Lobster Co., of Arundel, where owner Stephanie Nadeau has laid off half the 14 people she once had working in wholesale.

“They picked winners, and they picked losers, and they picked me a loser,” Nadeau said. “There is no market that’s going to replace China.”

America has exported less than 2.2 million pounds (one million kilograms) of lobster to China this year through June, according to data from the U.S. federal government.

Related Stories

RCCI celebrates World Egg Day 2026

byCT Report
24/10/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI), in collaboration with SB Eggs, celebrated World Egg Day 2026 at...

Federal govt approves $200m World Bank reform programme for KP

byCT Report
24/10/2026

ISLAMABAD: The federal government has approved a concept proposal for a $200 million World Bank-funded reform programme in Khyber Pakhtunkhwa....

FBR allows monthly tax instalments on imported phones

byCT Report
24/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed eligible individuals in Pakistan to pay sales tax on imported mobile...

Dimer-Bhasha Dam: Chinese JV gets Rs133.18bn contract

byCT Report
24/10/2026

ISLAMABAD: The Water and Power Development Authority (WAPDA) has awarded a major hydro-mechanical contract for the Diamer-Bhasha Dam project to...

Next Post

China's July crude oil imports from Malaysia near record: customs

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.