Canada’s Lobster industry continues to navigate tariff threats
Dave Hennerbichler is visiting Nova Scotia from British Columbia, and picking up a load of lobster before he returns home is a “must do” on his shopping list. “It’s just a specialty, and believe it or not, we can come here and get lobster cheaper than we can buy steak,” said Hennerbichler. That is likely music to the ears for Lobster Processors Association executive director Nat Richard, who began the recent spring lobster season managing high levels of fear and concern. “If we had spoken in January, there was a real possibility that we would be hit directly with significant tariffs on our two largest markets — those being the U.S. and China,” said Richard. The 25 per cent China tariff remains in place. So far, U.S. President Donald Trump has not delivered on his threat to impose additional tariffs on Canadian seafood products, which means, for now, the lobster industry is keeping its head above water. more, >>CLICK TO READ<< 06:50
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