EU Open to Extending Lobster Deal as Part of Package for Trump Tariffs, FT Reports
May 22 (Reuters) - The European Union is open to extending a deal which allows the duty-free import of U.S. lobsters as part of a broader package aimed at removing U.S. President Donald Trump's tariffs, the Financial Times reported on Thursday, citing two officials.
The EU's current regulation eliminating customs duties for fresh and frozen lobsters from the U.S. expires on July 31. The lobster deal between the U.S. and EU was struck in 2020 during Trump's first term.
Bernd Lange, chair of the European...
To Read Full Story Login Below.