Canada Drops Retaliatory Seafood Tariffs on US in Response to Industry Requests

Canada has decided to remove counter-tariffs specifically targeting U.S. seafood and fish products after receiving feedback from affected Canadian industries. This decision comes as part of a broader trade dispute where the U.S. imposed tariffs on Canadian exports, leading Canada to plan retaliatory tariffs on various U.S. goods. While the seafood tariffs are being dropped, other dollar-for-dollar counter-tariffs will still be implemented.

• Canada has dropped counter-tariffs on U.S. seafood and fish products.
• The decision was made after feedback from affected Canadian industries.
• The United States imposed 50 percent tariffs on Canadian exports starting August 22.
• Canada planned to respond with tariffs on CA$27.6 billion worth of U.S. imports, ranging from 15 percent to 50 percent, starting September 8.
• Other Canadian counter-tariffs on U.S. products like steel, aluminum, paper, and vehicles will remain.
• The planned 25 percent tariff on fish and seafood, including trout, carp, tuna, lobster, oysters, shrimp, and salmon, has been removed.