Trump FURIOUS as U.S. Lobster Exports COLLAPSE Amid Canada’s Multi-Billion Dollar Trade Deals

Trump FURIOUS as U.S. Lobster Exports COLLAPSE Amid Canada’s Multi-Billion Dollar Trade Deals
The U.S. lobster industry, once a cornerstone of coastal economies in Maine and beyond, is facing a dramatic collapse in 2025. Following Canada’s recent multi-billion dollar trade agreements and its refusal to accept American lobster shipments, U.S. exports have plummeted, sparking anger and frustration from former President Donald Trump. Canadian lobsters now dominate key global markets like China and Europe, benefiting from tariff-free access under agreements such as CETA, while American lobster suffers under steep tariffs reaching up to 8% in some regions. This difference has forced European restaurants and wholesalers to switch their preference to Canadian lobster, leaving Maine’s fishermen and seafood dealers struggling with unprecedented losses.
Compounding the crisis, environmental and regulatory challenges such as the northward migration of lobsters due to warming seas have further weakened the U.S. fishery. In contrast, Canada has capitalized on a robust lobster season and favorable trade terms, increasing their market share globally. This shift not only threatens the economic livelihood of American coastal communities but also highlights broader trade tensions and the critical impact of international agreements on local industries.
Stay tuned for an in-depth analysis of the trade dynamics and what this means for the future of the U.S. lobster industry.

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