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Baitball Blogger

(46,697 posts)
Fri Jul 6, 2018, 09:46 AM Jul 2018

Will 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.

7 replies = new reply since forum marked as read
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Will the trade war with China lower the price of lobster? (Original Post) Baitball Blogger Jul 2018 OP
Silly Rabbit nykym Jul 2018 #1
Know your history. Lobster was fed to prisoners in Boston. Baitball Blogger Jul 2018 #2
At a certain price point, they'll just stop going out to catch them. mainer Jul 2018 #3
This lapfog_1 Jul 2018 #4
Especially if the price of gas (or diesel) goes up MiniMe Jul 2018 #5
Lots of food prices may go down domestically Recursion Jul 2018 #6
The small operators will go out of business. The big business operations won't. Blue_true Jul 2018 #7

Baitball Blogger

(46,697 posts)
2. Know your history. Lobster was fed to prisoners in Boston.
Fri Jul 6, 2018, 10:14 AM
Jul 2018

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.
Fri Jul 6, 2018, 10:14 AM
Jul 2018

Lobstermen aren't going to work for pennies.

lapfog_1

(29,194 posts)
4. This
Fri Jul 6, 2018, 10:20 AM
Jul 2018

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
Fri Jul 6, 2018, 11:01 AM
Jul 2018

It costs money to take the boat out to catch lobster

Recursion

(56,582 posts)
6. Lots of food prices may go down domestically
Fri Jul 6, 2018, 11:27 AM
Jul 2018

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.
Fri Jul 6, 2018, 11:57 AM
Jul 2018

We will have food, just from a concentrated source.

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