US Trade Representative Robert Lighthizer and EU Trade Commissioner Phil Hogan announced on Friday 21 August, an agreement to eliminate tariffs on a range of American and European exports. These are the first tariff reductions negotiated between the United States and the European Union in more than two decades.
The agreement provides for the EU to eliminate tariffs on imports of live and frozen lobsters, retroactive to 1 August 2020, on a most-favoured nation (MFN) basis. According to the...