Tag Archives: United States International Trade Commission
Trade minister says she’ll keep eye on U.S. probe of Canadian lobster industry
The Canadian industry gained most of the Chinese market that the Americans lost after China slapped a 35 per cent tariff on U.S. lobster exports. Canada also saw its lobster exports grow in Europe after it signed the Comprehensive Economic and Trade Agreement, or CETA, with the European Union, giving it a tariff advantage over its U.S. competitors. The Trump administration, however, has recently signed an agreement with China that removes the 35 per cent tariff. And a separate deal with Europe also removed tariffs on American lobsters that had provided the Canadian industry an advantage. Executive Director Geoff Irvine (Lobster Council of Canada) said Monday the lobster industries of Canada and the United States are now back on an even playing field. >click to read< 07:17
“We’re not sure what it means,” – Trump turns an eye on Canadian lobster, launches Trade Investigation
On Aug. 24, the United States International Trade Commission announced it will investigate the possible negative effects of the Canada-Europe Trade Agreement (CETA) on American lobster exports. The investigation was requested by U.S. Trade Representative Robert Lighthizer. The investigation will also examine tariff treatment of Canadian lobster in the United Kingdom, China and other countries. “We’re not sure what it means,” said Geoff Irvine, executive director of the Lobster Council of Canada. “We’re studying it. The government of Canada is studying it. Now we’re talking to our colleagues in the U.S. and we’re trying to figure out how best to manage it from the Canadian side.” >click to read< 08:36
