Business Global News

China’s Lobster Tariffs Threaten Canada’s Atlantic Fishing Industry

Canada’s lucrative Atlantic lobster industry is bracing for severe economic fallout after China imposed crippling 35% tariffs on Canadian seafood imports. The retaliatory trade measure, effective immediately, could devastate coastal communities that rely on lobster exports as their economic lifeline. Why China Is Targeting Canadian Lobster Immediate Impact on Fishermen “This is worse than the COVID crash—we’ve never seen […]