Tag Archives: U.S. and China

Canadian crab, lobster industry officials look for answers in Boston

Canadian crab and lobster industry representatives, including some from New Brunswick, will be looking for answers and opportunities at a seafood exhibition in Boston. The goal is to develop relations with other industry players as Canada faces tariff troubles with both the U.S. and China. The expo attracts many countries. Major seafood exporters set up booths at the show. “It’s going to be very difficult to settle on prices given that we have to build in that the tariffs are happening,” said Geoff Irvine, executive director of the Lobster Council of Canada. The expo attracts many countries. Major seafood exporters set up booths at the show. “I’ll be looking to see what they do, how they do it, how they pay for it, and try to bring that home, and once again attempt to come up with a marketing strategy for all Canadian seafood,” said Irvine. Photos, more, >>CLICK TO READ<< 09:05

China says it has agreed with the US to cancel existing trade tariffs in phases

Gao Feng, a ministry spokesperson for China’s Commerce Ministry, said that both sides had agreed to simultaneously cancel some existing tariffs on one another’s goods, according to the country’s state broadcaster. The ministry spokesperson said that both sides were closer to a so-called “phase one” trade agreement following constructive negotiations over the past two weeks. >click to read< 07:09