Canada drops seafood from US tariff retaliation list

ca.news.yahoo.com

Canada removed seafood and fish products from its retaliatory tariff list on Wednesday, a day after announcing counter tariffs on roughly $20 billion worth of U.S. goods. The Department of Finance said the adjustment was made based on feedback to protect against economic harms. Canada is matching Washington's latest duties dollar for dollar after the U.S. imposed new 50% tariffs on Canadian imports Saturday. The Canadian tariffs take effect September 8. Officials said they are continually working with industries to assess the measures' effectiveness, focusing on sectors targeted by U.S. tariffs.


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