FOX NEWS: Trade tensions with China drives lobster prices down - ALL AROUND WORLD, TRENDING NEWS, LATEST TRENDS

ALL AROUND WORLD,  TRENDING NEWS,  LATEST TRENDS

ALL AROUND WORLD, TRENDING NEWS, LATEST TRENDS

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Wednesday, 17 October 2018

FOX NEWS: Trade tensions with China drives lobster prices down


Trade tensions with China drives lobster prices down



In July, Beijing slapped a 25 percent tariff on American lobster and since then, sales have dropped more than 80 percent forcing lobstermen to flood the U.S. market and bringing prices down to unsustainable levels.

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