CETA: Canada-European Union pact worries US lobster industry

Members of the U.S. seafood industry are fearful that Canada’s approval of a new trade deal with the European Union will cause big problems for the American lobster business, just as the catch is hitting historic highs. The Canada-European Union Comprehensive Economic and Trade Agreement Implementation Act, or CETA, cleared its final hurdle in the Parliament of Canada on Tuesday. The deal gets rid of tariffs on Canadian lobster exports to the 28-nation bloc, putting Canada at a huge advantage over the U.S. click here to read the story  11:06

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