Chinese tariffs on Canadian seafood would serve ‘devastating’ double whammy, fisheries council says
The Fisheries Council of Canada says tariffs on Canadian seafood entering China spells disaster for the industry — including in Newfoundland and Labrador — and serves as a double whammy with U.S. tariffs already in play. China announced it would impose a 25 per cent tariff on Canadian seafood effective March 20 as a retaliatory measure to Canadian tariffs on steel, aluminum and electric vehicles in the fall. The list of over 40 products facing the tariff includes lobster, crab, shrimp, halibut and more. “Some of the fisheries, some of the species that go to China, are almost exclusively going to China,” council chair Alberto Wareham told CBC News from Arnold’s Cove, N.L. on Tuesday. more, >>CLICK TO READ<< 09:56
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