BANGOR DAILY NEWS • September 4, 2020
During a visit to Maine in June, President Donald Trump preemptively and preposterously claimed to have saved Maine’s fishing industry with the rolling back of protections in a national monument off the coast of Cape Cod. However, the Trump administration has negotiated an agreement with the European Union to drop its 8 percent tariff on live U.S. lobster imports and upwards of 20 percent tariff on frozen products for the next 5 years, with the potential of zeroing the tariffs out permanently. The deal with the EU is an undisputed good haul for the industry that puts it back on more even footing with Canada, at least in that market.