A long-standing trade dispute between the U.S. and Canada is now putting pressure on the lobster industry, with Canada announcing retaliatory tariffs that could disrupt cross-border supply chains. The Maine Lobstermen’s Association warns the move risks turning lobstermen into unintended victims, as the two countries’ industries are deeply connected. With American lobster now facing a 25% duty in Canada, industry leaders fear higher costs and potential market instability. The decision follows recent U.S. tariffs on Canadian goods, escalating tensions that could have ripple effects beyond politics.
The Maine Lobstermen’s Association said Wednesday the escalating tariff battle between the U.S. and Canada threatens to make “collateral damage” out of the industry. Canada announced earlier this week it would respond to new tariffs by the Trump administration by imposing a 25 percent tariff on American lobster. Maine's and Canada’s lobster industries are intertwined,...
