Canada backs off seafood tariffs after industry pushback

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Source: Politico
TL;DR Summary

Canada has rolled back planned 25% tariffs on U.S. seafood, removing seafood and fish sector products from its tariff list after industry concerns about vulnerability. Ottawa says it will offer relief to tariff-exposed sectors through remission payments and enhanced income support for affected workers, highlighting a cross-border seafood trade worth more than $5 billion and Maine lobster often processed in Canada. Officials pledged further stakeholder consultation as U.S. tariff tensions and the possibility of counter-tariffs remain a backdrop.

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