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Nova Scotia seafood industry faces dual tariff threats from China and US, risking market prices.
Nova Scotia's seafood industry is facing significant challenges due to Chinese tariffs and anticipating a 25% tariff from the US, set to take effect soon.
China imposed tariffs on Canadian seafood on March 20, affecting export markets.
The US tariffs, expected to start on April 2, threaten to lower prices, especially for lobster and crab, which heavily rely on the US market.
The industry is working to diversify to mitigate the impact.
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La industria del marisco de Nueva Escocia enfrenta amenazas arancelarias duales de China y EE.UU., arriesgando los precios del mercado.