China tariffs on Canadian seafood add more volatility to industry threatened by Trump

News Snapshot:

China’s intent to slap 25 per cent tariffs on Canadian seafood products adds another layer of uncertainty to an industry already threatened by U.S. duties, say sector representatives in Atlantic Canada. China announced the retaliatory tariffs on Saturday in response to the Canadian surtax of 100 per cent on all Chinese-made electric vehicles, and of 25 per cent on steel and aluminum. And while 25 per cent U.S. tariffs on Canadian seafood and other goods are on pause until April 2, the Chinese duties are to take effect March 20 on a long list of products like lobster, snow crab...