Canada Exempts Seafood From Counter‑Tariffs Amid US Trade Clash

Canada has decided to drop seafood and fish products from its list of retaliatory duties on U.S. imports, a move announced after the country imposed new 50% tariffs on about $20 billion of American goods. The Department of Finance said the exclusion was a response to feedback that the counter‑tariffs could harm Canadian seafood processors who rely on U.S. lobster imports and could provoke further U.S. retaliation. While the U.S. did not target the fish and seafood sectors, Canada’s counter‑duties—matching the U.S. tariffs dollar for dollar—will take effect on September 8. The decision underscores Canada’s intent to protect vulnerable domestic industries while maintaining pressure on Washington over the broader trade dispute.