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Canada Excludes US Seafood From Retaliatory Tariffs
Finance Canada said the changes were based on industry feedback to limit broader economic harm as Ottawa keeps most retaliatory tariffs in place.
Finance Canada removed seafood and fish products from its counter-tariff list on Aug 27, citing feedback to protect against economic harms amid escalating trade tensions with the United States.
Ottawa's adjustment follows a retaliatory move to match dollar-for-dollar the 50% tariffs President Donald Trump imposed on Canadian imports on Aug 22, escalating the trade dispute between the nations.
Planned counter-tariffs on about $20 billion in American goods remain scheduled to take effect on Sept 8, encompassing levies on hundreds of U.S. exports including steel, aluminum, and apparel.
Canada's Department stated it is "continually working with Canadian industries to assess the effectiveness of these measures," with primary focus on sectors targeted by new United States duties.
United States Trade Representative Jamieson Greer warned the Trump administration will not ignore further Canadian retaliation, signaling potential for escalation in the ongoing trade dispute.