September 26, 2018 — The price being paid to spiny lobster harvesters in the US’ Florida Keys is slowly increasing despite the 25% tariffs that took effect in China — their biggest market — in early July, The Key West Citizen reports.
Harvesters were getting $5 a pound in August but have been receiving as much as $9/lb in recent weeks, according to the newspaper.
The article quotes lobster fisherman Gary Nichols as saying the trade war with China is a big issue for spiny lobster harvesters, as 90% of their catch goes to Asia.
Read the full story at Undercurrent News