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On December 18, 2020, the European Commission published a Regulation eliminating EU customs duties for fresh and frozen lobsters from August 1, 2020 to July 31, 2025.
On Wednesday, March 4, 2020 the Government of Argentina announced adjustments to its export tax regime.
U.S. exports of fish and seafood reached a record $5.3 billion in FY 2014. Recent growth in U.S. exports has primarily been due to increased volume rather than higher prices.