Daily Archives: February 3, 2025

Trump to pause promised tariffs for 30 days after speaking with Trudeau
Prime Minister Justin Trudeau said Monday U.S. President Donald Trump will hold off on levying tariffs on Canada for at least 30 days after Canada made a series of commitments to improve security along the border. The country can let out a collective sigh of relief — at least for now. To get Trump to shelve his punishing tariffs, Trudeau told him Canada is pressing ahead with a $1.3-billion border security plan that includes reinforcing the 49th parallel with new choppers, technology and personnel and stepping up its co-ordination with American officials to crack down on Trump’s stated priorities: illegal drugs and migrants. Trudeau said, all told, there will be 10,000 front-line personnel working along the border as part of a push to make it safer. 4 Videos, links, more, >>CLICK TO READ<< 17:49
‘There will be no winners.’ Atlantic Canada braces for impact of U.S. tariffs
The looming trade war between Canada and the United States raised alarm throughout the Atlantic provinces on Monday as leaders calculated the economic toll of hefty tariffs threatened by U.S. President Donald Trump. In Newfoundland and Labrador, the executive director of the Association of Seafood Producers said the province’s lucrative crab fishery is in jeopardy, and he’s not sure if it will open as expected next month. “I cannot sit here today and say there will be a fishery,” Jeff Loder told a news conference in St. John’s. “This is a serious situation …. We’re going to do everything we can to have a fishery, but we need to be prepared for whatever transpires.” The tariffs are the biggest threat to the province’s seafood industry since the 1992 cod moratorium, which wiped out about 30,000 jobs and a centuries-old way of life in Canada’s easternmost province, Loder added. more, >>Click to read<< 16:39
Tidal Vision, a company turning tossed crab shells into a green chemical, nets $140M in funding
Tidal Visio
Tidal Vision, a green chemistry company founded by a former Alaska fishing boat captain, has raised $140 million to fund its efforts, CEO and co-founder Craig Kasberg confirmed for GeekWire. The Bellingham, Wash., company uses an environmentally friendly, zero-waste process to turn discarded crab shells into a valuable industrial chemical called chitosan, as well as products made with the ingredient. In addition to its Bellingham operations, Tidal Vision has a production site in South Carolina and in July announced that it was breaking ground on a new plant in Texas where its Tidal Grow Agriscience division will produce liquid fertilizers. more, >>CLICK TO READ<< 15:12
U.S. Army Veteran/Self-employed Commercial Fisherman James B. Kaminsky of Mattituck N.Y. has passed away
James B. Kaminsky of Mattituck passed away Sunday, Jan. 26, 2025. He was 82 years old. James was born March 16, 1942, in Brooklyn to Loretta (Greiner) and Bernard Kaminsky. He was the eldest of two children and was raised in Brooklyn with his sister Janet. He graduated high school aboard the S.S. John W. Brown School Ship, which was part of the New York City school system at the time. After high school, James served in the U.S. Army aboard a landing craft, moving materials up and down the coast of France from 1961 until his honorable discharge in 1964. In 1964, in Queens Village, he married the love of his life, Cynthia Huneke. Together, they had three children and made their home in Mattituck, where they have resided for the past 60 years. In his professional career, Jimmy worked alongside his entire family as a self-employed commercial fisherman, on Long Island Sound. He’s had many boats but was most known for the iconic wooden (fishing vessel) F/V Tide II. He was also a member of the Long Island Commercial Fishing Association. more, >>CLICK TO READ<< 13:09
Danielle Smith: How Team Canada can overcome Trump tariffs
Like most Canadians, I was very disappointed with U.S. President Donald Trump’s decision to place tariffs on all Canadian goods. This decision will harm both Canadian and American consumers, workers and businesses alike, and strain the historic and important friendship between our two nations. Canada has responded with counter-tariffs of our own on specific U.S. imports that Canadians can generally purchase domestically or source from non-U.S. suppliers. Although I understand the need for this proportionate response, make no mistake, a tariff war with the United States will hurt millions of Canadian families, workers and businesses. As premier of Alberta, I am calling on my fellow premiers, the prime minister and all of our national leaders to de-escalate the rhetoric as much as possible and look to diplomacy and advocacy as our primary tool to resolve this conflict. more, >>CLICK TO READ<< 09:46
Trump announces tariff talks with Canada, Mexico as global stocks slump
US President Donald Trump said he will discuss the punishing tariffs he has levied on Canada and Mexico with both countries on Monday, as markets sank on fears over the impact on the global economy. The 25 percent duties — footed by American companies importing from Mexico and Canada — sent European and Asian stocks slumping at the open Monday. The Mexican peso and Canadian dollar also sank against the greenback, while oil jumped despite Trump placing the levy on Canada’s energy imports at 10 percent to limit a spike in fuel prices. more, >>CLICK TO READ<< 08:12