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Canada Saves Seafood Industry from Tariffs | Toronto News
Description
Canada’s seafood industry narrowly avoided a major crisis after the government last-minute removed fish and seafood from its retaliatory tariff list just one day after the U.S. imposed steep 25% tariffs on Canadian goods. Fearing crippling supply chain disruptions—especially for lobster processors reliant on cross-border trade—the government listened to industry pleas and pivoted, preventing potential plant closures and job losses. This swift reversal underscores how vital real-time feedback is in high-stakes trade negotiations.
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