Tag Archives: China lobster market
Some lobster exporters are feeling the Chinese tariff pinch
The lobster pipeline from Maine to China shut down on July 5, however, when China hit U.S. lobsters with a 25 percent import tax in retaliation for U.S. tariffs on imported Chinese goods. Since then, Nadeau’s business, The Lobster Co., has not sold a lobster to China, despite daily phone calls and a trip to the Pearl River Delta to visit her Chinese customers last week.,, But so far, lobstermen say they aren’t feeling the sting of Chinese tariffs. Their boat prices, which range from $3.50 to $4 a pound in different ports for shedders, are comparable to what they were getting at this time last year, they say, >click to read<21:39
