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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWill the trade war with China lower the price of lobster?
25% of the lobster trade goes to China. Lobster industry is having trouble finding secondary buyers because of Trump's trade war.
Hey, you idiots who voted for Trump. Why didn't you see this coming?
Meanwhile, pass the butter. We're going to eat well at home at your expense.
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Will the trade war with China lower the price of lobster? (Original Post)
Baitball Blogger
Jul 2018
OP
The small operators will go out of business. The big business operations won't.
Blue_true
Jul 2018
#7
nykym
(3,063 posts)1. Silly Rabbit
Lobster is for the Elites.
Baitball Blogger
(46,698 posts)2. Know your history. Lobster was fed to prisoners in Boston.
I'll meet you halfway if the price is right.
mainer
(12,022 posts)3. At a certain price point, they'll just stop going out to catch them.
Lobstermen aren't going to work for pennies.
All the trade war will create is people like the American Lobster workers... on the unemployment line.
MiniMe
(21,714 posts)5. Especially if the price of gas (or diesel) goes up
It costs money to take the boat out to catch lobster
Recursion
(56,582 posts)6. Lots of food prices may go down domestically
Which sounds great until you remember we'd like to have a lobster or soy harvest in two years and won't if they all go out of business.
Blue_true
(31,261 posts)7. The small operators will go out of business. The big business operations won't.
We will have food, just from a concentrated source.