Tag Archives: Saint Mary’s University Halifax
The U.S.- China trade agreement will slow Canadian lobster sales to China
Even though a new U.S.-China trade agreement does not eliminate heavy Chinese tariffs, the deal will result in a loss of Canadian seafood sales to China,,, Canadian live lobster exports to China, mostly from Nova Scotia, soared after China slapped retaliatory tariffs of 35 per cent on U.S. lobsters. U.S. lobster exports tanked while Canadian sales jumped,,, The new trade deal does not lower those tariffs. But China has pledged to buy $32 billion worth of American agricultural products over the next two years, including lobster and other seafood products. >click to read< 17:38