It's not just tariffs; broad economic uncertainty could weigh on Maine's lobster industry

MAINE PUBLIC • April 3, 2025

Members of the lobster industry and economic experts worry that broader global economy uncertainty may drive down demand for the product in Maine. Canada is Maine's biggest trading partner, and received more than 75% of the state's fish exports last year, according to Amanda Rector, Maine's state economist. China has placed a 10% tariff on U.S. lobster exports. And trade experts warn that more dire impacts may still be on the horizon.