News Summary September 11, 2018
Today's Main Story: As Expected, US Lobster Exports to China Plunge in July
As many expected, U.S. lobster exports plunged in July following the imposition of tariffs by China in retaliation for a U.S. initiated trade war. The export value fell 64% for the month of July compared to May and June levels. However, exports to Canada were up sharply, suggesting the unfavorable change in trade patterns. Read the full story here.
The failure of the sockeye salmon run in Chignik has already been recommended as a fishery disaster, but Jim Paulin reports that there is a ‘silver’ lining, as fishermen there got an opening to fish on cohos this week. ADF&G said they may close the fishery...
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