Five facts about the European Union trade deal set to boost Canadian lobster exports May 22 2017

Wedaeli Chibelushi Finance

 

Canada has struck a new trade deal with the European Union (EU), one which members of the US lobster industry fear will cause problems for American business.

The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) was completed in the Parliament of Canada on 16 June 2017. The deal clears tariffs on Canadian lobster, putting Canada lobster exporters at a huge advantage over their US counterparts.

 

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