European Union Lifts Tariffs on American Exports of Lobster

Lobstermen unload lobsters caught in the Gulf of Maine at the Stonington Lobster Co-Op wharf in Stonington, Maine, on July 5, 2019. Joe Raedle/Getty Images

In a sign of easing trade tensions between the world’s two biggest trading partners, the United States and the European Union have sealed a deal to slash imports tariffs on a range of products, including lobsters.

The two, who have been embroiled in a trade spat over EU aircraft subsidies that drove President Donald Trump to impose punitive tariffs on European steel and aluminum, announced the deal in a joint statement on Friday.