Canadian Seafood Escapes Trump’s 35% Tariff, According to Multiple Reports on USMCA Exemptions
Key Canadian seafood exports will be exempt from President Donald Trump’s newly imposed 35% tariff on Canadian goods, according to multiple reports from CBC, The Wall Street Journal and Yahoo Finance.
While Trump’s tariff announcement last week sparked uncertainty over whether critical species like salmon, crab and lobster would be affected, officials confirmed that products compliant with the United States-Mexico-Canada Agreement (USMCA) will remain tariff-free.
The question of whether seafood would be faced with a 35% tariff rate followed the release of Trump’s tariff...
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