Tag Archives: Tom Hill

China bought lots of Florida lobster despite tariffs. Keys fishermen paid the price

Chinese importers bought Florida spiny lobsters in what could be near-record numbers this season, despite a 25 percent tariff their government placed on U.S. seafood last July, according to the leading Florida Keys commercial fishermen’s trade group. That’s great news considering the fear commercial anglers had about the potential impact of growing U.S.-China trade hostilities on one of South Florida’s largest industries. “Going into the season, the big questions were: Will the Chinese buy? How much and at what price,” >click to read<20:25

Where did all the lobsters and stone crabs go? How the fishing industry is bouncing back

The red tide algae bloom plaguing Southwest Florida hasn’t hit the Florida Keys. And Hurricane Irma happened more than a year ago. But they’re both affecting the island chain’s commercial fishing industry. That’s a crucial impact because the industry is the second-largest stand-alone economic generator in the Keys next to tourism. Fishing is estimated by the Florida Keys Commercial Fishing Association to bring in about $900 million a year to the Monroe County economy. That includes transactions such as fuel sales, dockage fees, and boat and engine repairs. >click to read<18:13