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EU open to extending lobster deal as part of package for Trump tariffs, FT reports

ReutersMay 22, 2025 4:11 AM

- The European Union is open to extending a lobster trade deal as part of a broader package aimed at removing tariffs imposed by U.S. President Donald Trump, the Financial Times reported on Thursday, citing two officials.

The EU's current regulation eliminating customs duties for fresh and frozen lobsters from the U.S. expires on July 31.

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