US Lobster Exports To China Plunge Amid Escalating Trade War | WHAT REALLY HAPPENED

US Lobster Exports To China Plunge Amid Escalating Trade War

VOA News interviewed a business owner and a trade official in Maine following a massive drop in lobster exports due to President Trump's escalating trade war. Their comments on the trade war are an eye-opener that contradicts the president's claim that his trade duties on China won't hurt American firms.

VOA spoke with Vice President of sales and marketing at Maine Coast, Sheila Adams, who said her company saw a 20% plunge in business activity in a matter of days last July after China retaliated against US tariffs on Chinese goods by raising duties on US food and agricultural exports, which included live lobsters.

"Essentially what's happened is about 80% of our sales into mainland China have gone away," she said.

"And that's purely because our product is simply just too expensive compared to the Canadian because of the additional 25% tariff that was levied."

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