Lobster industry breathes sigh of relief as tariff threat walked back for now
The ongoing threat of U.S. tariffs on Canadian goods and exports has been unpredictable. While lobster fishers are used to navigating rough waters, some say this level of uncertainty is becoming hard to navigate. “We’re definitely watching the bottom-line more,” said Tommy Amirault, a lobster and halibut fisherman from Lower East Pubnico, N.S. “We’re watching what we’re spending on bait, what we’re spending on traps and some of those are baked in.” Fishers like Amirault have been keeping a close eye on Canada-U.S. trade relations. The threat of a 25 per cent U.S. tariffs on seafood exports would be devastating, he said. “I don’t know any part of the industry that can handle a 25 per cent loss,” said Amirault. When U.S. President Donald Trump held back on imposing tariffs on the seafood industry yesterday it came as a huge relief. Video, more, >>Click TO READ<< 19:05
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