The European Union called on the United States Thursday to end its trade investigation into the Canadian lobster industry. The Trump administration launched the election year probe after complaints from Maine as Canadian lobster shippers took advantage of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). The European Union already gave Trump the tariff cut he demanded, so that's why they're asking him to end the trade probe. Ceding the market to the Canadian lobster exporters were receiving preferential treatment," Tselikis said. The global trade was worth $2.6 billion in 2019 with 61 per cent of the trade between Canada and the United States.

Source: CBC News October 01, 2020 23:37 UTC