News

We’ll Take Your Lobsters, Eh? Canadian Imports From US Soar


PORTLAND, Maine (AP) Trade hostility from across the ocean was supposed to take a snip out of the U.S. lobster business, but the industry is getting a lifeline from its northerly neighbor.

Heavy demand from Canada is buoying the American lobster industry as both countries head into the busy holiday export season. It’s a positive sign for the U.S. seafood dealers and fishermen even as the industry struggles with Chinese tariffs.

China has emerged as a major consumer of American lobster in recent years, but the country slapped heavy tariffs on American lobster exports in July. Industry watchers forecast the move as a potential calamity for U.S. seafood, but Canada has boosted the value of its lobster imports from America by more than a third so far this year.

Prices have also been fairly strong.

Latest Headlines

6 hours ago in Local

Why Are There So Many Hotels in Portland?

Quincy Hentzel with the Portland Regional Chamber of Commerce says the hotels are continuing to be built for a reason.

7 hours ago in Trending, World

Living hostages and Palestinian prisoners are released as part of ceasefire in Gaza

All 20 remaining living hostages held in Gaza and hundreds of Palestinian prisoners held by Israel walked free Monday as part of a ceasefire pausing two years of war that decimated the Gaza Strip and killed tens of thousands of Palestinians.

21 hours ago in Local

Mills Briefly Posts/Deletes Video Announcing Senate Run

Axios first reported Mills would likely announce her Senate run in the upcoming week.

21 hours ago in Local

Maine Man Shot By Deputy After Chase

Androscoggin County Deputies say they tried to arrest a man on an existing felony warrant

23 hours ago in Local

Biddeford Motorcyclist Arrested going 114 in 40-MPH Zone

A Biddeford motorcyclist was arrested Saturday night after deputies clocked him going almost three times the speed limit in Arundel.…