Lobster biz hopes for stability after tumultuous Trump era

Lobster biz hopes for stability after tumultuous Trump era

SeattlePI.com

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PORTLAND, Maine (AP) — President Donald Trump positioned himself as a friend of New England's lobstermen, but members of the industry said they are looking forward to something that has been lacking in the crustacean business: stability.

Trump's trade war with China led to a rocky few years for the industry, which is based mostly in Maine. Trump, who campaigned hard in Maine and won an electoral vote in the state, touted economic aid and environmental reforms intended to benefit the business. The Republican Party even had Maine lobsterman Jason Joyce speak at he its national convention.

What the industry really needs is assurance that it will be able to sell lobsters to other countries without punitive tariffs, said Stephanie Nadeau, owner of The Lobster Company, an Arundel, Maine, dealer. She and others said they are hopeful that assurance will arrive under Democratic President-elect Joe Biden.

“You can't plan. You can't live in chaos,” she said. “The trade war, was it going to last a week, was it going to last a month, was it going to last four years? How do you operate around that?"

U.S. lobster exports to China, a major buyer of seafood, fell off a cliff after the Trump administration escalated trade hostilities. That led to heavy tariffs on U.S. lobsters, and exporters saw a drop of more than 80% in the first half of 2019.

Then, this summer, Trump directed the U.S. Department of Agriculture to provide lobster fishermen with financial assistance to make up for lost income from the Chinese tariffs. He also brokered a new deal with China, which agreed to start buying U.S. lobster again.

It was a whipsaw of a time for an industry that is already used to dealing with uncertainty because of issues such as the fluctuating volume of catch, dangerous weather and the changing prices of bait and fuel.

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