tariffs

Robert F. Bukaty / Associated Press

There appears to be further movement in the effort to knock back Chinese tariffs on American lobster.

AP File

China is slightly lowering tariffs on U.S. lobster, but industry observers say it is not enough to reboot Maine's languishing sales to that country. At the same time, the outbreak of coronavirus in China is hurting lobster sales abroad and domestic markets as well.

Robert F. Bukaty / AP File

Maine's Congressional delegation is asking the Trump administration for proof that its recent trade deal with China will actually make a difference for Maine's lobstermen.

Robert F. Bukaty / Associated Press/file

U.S. Senator Susan Collins is claiming a victory for lobstermen in President Trump's just-announced trade deal with China. But after taking a big hit during the height of the trade war, some in the industry are being cautious about the latest developments.

Maine Sen. Angus King says the state’s blueberry industry isn’t getting the assistance it deserves. He took to the Senate floor Wednesday to protest President Donald Trump’s trade war.

US Exports To Lobster-Loving China Plunge Amid Tariffs

Aug 26, 2019
Robert F. Bukaty / Associated Press

PORTLAND, Maine — U.S. lobster exports to China have fallen off a cliff this year as new retaliatory tariffs shift the seafood business farther north.

Robert F Bukaty / AP File

Maine agriculture officials are asking the federal government to help out wild blueberry growers as they deal with the effects of rising trade disputes with foreign countries.

Robert F. Bukaty / AP Photo

With trade tensions escalating between the United States and China and a growing economic toll on Maine businesses — particularly lobster dealers — Gov. Janet Mills is emphasizing international trade as a vital part of the state's future.

SIDNEY, Maine - Maine farmers aren't major exporters to China, but that doesn't mean they're immune from a trade war.

https://www.flickr.com/photos/metimbers2000/

What impact are recent tariffs having on Maine's economy as a whole - and on specific businesses and industries? What are companies doing to adjust to the repercussions of the trade wars?

 


The Lobster Co.

Two months after new tariffs on sales of live lobsters from the U.S. to China took effect, exports are down nearly 30 percent and Maine lobster dealers are feeling the effects. Some are laying off workers, while others are scrambling to find new markets.

Andrew Harnik / Associated Press

Maine independent U.S. Sen. Angus King had some harsh words for President Trump this morning.  King said on CNN that Trump's rhetoric going into the NATO summit played into the political machinations of Russia's leader Vladimir Putin and could weaken Western alliances.

"He [Putin] views the Western alliance as a threat and he wants to see it undermined," King said. "That's their strategy and that's why they got involved in European politics, they got involved in our politics. This is what they want to do and I'm afraid that we're playing into Putin's hands."

Robert F. Bukaty / Associated Press

Some Maine lobster dealers who have seen sales to China shoot up over the last decade are now suddenly shut out.

Fred Bever / Maine Public

Some Maine lobster dealers who have seen sales to China shoot up over the last decade are now suddenly shut out.

Robert F. Bukaty / AP Photo

Maine businesses are largely unscathed by the new tariffs China is imposing on U.S. products. But there's one big exception – lobster.

Wade Merritt, the president of the Maine International Trade Center, says early salvos in the developing trade war between the U.S. and China didn't seem too bad. But the tariffs China just announced came on like a summer thunderstorm, and they will hit about one-quarter of all of Maine's exports abroad.

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