Lobster business hit hard by Trump-China trade war

Press Herald -Maine lobster dealers are struggling to manage the fallout from the U.S.-China trade war. Before the tariff, China was the second biggest importer of U.S. lobster, buying $128.5 million worth of it in 2017. The U.S. was on track to double its lobster sales to China before the tariff initiated by President Trump hit in July, according to trade data. Since then, U.S. lobster exports have all but dried up.