How more Maine lobsters can be cracked by the Japanese market

After five years of double-secret negotiations, the world has had its first look at the text of the 12-nation Trans-Pacific Partnership trade pact. All together, the 12 nations comprise nearly 40 percent of the global economy, and Maine lobster exporters are just one group that hopes this will crack open new markets.

If the trade pact is accepted, more than 18,000 tariffs would be reduced or eliminated, including those Pacific rim nations levy on Maine lobsters.

And Maine lobster exporters see the elimination of tariffs to prized agricultural markets in Asia, especially Japan, as an opportunity to export more of the valuable commodity.

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