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Maine lobstermen to harvest $50 million windfall

September 18, 2020 — A wave of government money is heading toward local fishermen hurt by trade wars and COVID-19, and officials say it will arrive sometime in November.

The Trump administration announced on September 9 that Maine lobstermen will receive $50 million because they’ve been hurt by the 25 percent tariffs China slapped on lobster in July 2018. The program pays 50 cents for every pound of lobster landed in 2019, up to $250,000 per person.

“I’m happy the boats got their relief, but the timing is suspect,” said Travis Fifield, Stonington lobster dealer, in an interview. Only fishermen, and no one else in the supply chain, will get part of that $50 million, Fifield said.

The announcement follows the European Union’s decision in late August to drop its tariff on U.S. lobsters for five years. Local seafood dealers have said that will help the lobster industry.

Another $20 million in federal money will be distributed to a broad swath of Maine’s fishing industry, including lobstermen, processors, aquaculturists and dealers. Maine Department of Marine Resources (DMR) Commissioner Patrick Kelliher said in a memo he hopes the checks are mailed in November. That money, which comes from the National Oceanic and Atmospheric Administration (NOAA), was authorized by Congress under the CARES Act in the spring. To get the money, people have to show they’ve suffered a 35 percent drop in income because of the COVID-19 pandemic.

Read the full story at the Penobscot Bay Press

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