MAINE PUBLIC • February 3, 2025
Trade experts say American consumers should expect higher prices for lobster, under a proposed 25% tariff on Canadian goods. The Maine and Canadian lobster industries are highly integrated, said Kristin Vekasi, a political science professor with the University of Maine. Some lobster that is caught here in Maine is shipped to Canada, where it's processed and sold to third markets, or back to the United States. Vekasi said if Canada eventually imposes retaliatory tariffs on American lobster, there's a possibility that the same product will be taxed twice.