Maine’s Lobster Industry Has Taken A Hit During Chinese Trade War
One on Maine's most well-known exports has taken a substantial hit over the last year due to the Chinese/US trade war. According to WABI, Maine's Lobster exports have dropped nearly 84% in the past year since the U. S. announced tariff's on Chinese goods which China retaliated with by setting tariff's on seafood products.
CNN has done many reports recently on the trade war, including interviewing long standing lobster fisherman here in Maine. See their report below.