U.S. moves to protect lobster industry by threatening tariffs on China

U.S. President Donald Trump said Wednesday his administration may impose punitive tariffs on China's seafood exports if it finds the country is not honoring purchase commitments promised under a partial trade deal.The two economic giants signed in January a so-called phase one agreement, which brought a truce to their tit-for-tat tariff war. But Trump said he wants to protect lobster fishermen -- a "crown jewel" of America's seafood industry -- as they have been adversely affected by a trade deal between Canada and the European Union.According to a memorandum signed by Trump, the Office of …READ FULL ARTICLE