Nova Scotia Lobster Industry Surprised, Elated by Suspension of Chinese Tariff
Key players in Nova Scotia’s lucrative seafood industry are applauding Ottawa's successful bid to persuade China to temporarily drop a painful 25 per cent tariff on Canadian lobster and crab.
Stewart Lamont, managing director of Tangier Lobster Company, said Friday the tariff is responsible for at least a 30 per cent decline in sales of live lobster to China since it was imposed in March.
“From an industry perspective, that additional tariff has been massively impactful in a negative way,” Lamont said in an interview. "Add the cost...
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