November 13, 2020 — A European Union committee has approved a trade deal that would eliminate import duties on Maine lobsters sold to Europe.
The European Parliament’s international trade committee voted 40-2 to approve the deal — which would assist the lobster industry across the United States — on Tuesday. It awaits a vote by the full European Parliament, as well as the more powerful European Council, before it can be enacted.
The trade deal cements an agreement between the EU and the U.S. from August that would decrease European tariffs on American lobster products by 8 percent to 12 percent. In return, the U.S. would reduce tariffs on prepared meals, ceramics, lighters and glassware.