Canadian seafood industry seeks solutions at Boston expo

Canadian crab and lobster industry representatives are attending the Seafood Expo North America in Boston to address challenges posed by tariffs from the U.S. and China. The U.S. has delayed a 25% tariff on Canadian goods until April 2, while China's tariffs on Canadian crab and lobster will start on March 20. Industry leaders aim to establish connections and explore marketing strategies amid these tariff issues. They are also considering shifting sales to other markets in Europe and Asia, although the U.S. remains the largest market for Canadian seafood. Discussions at the expo will focus on who will absorb the costs of tariffs, impacting prices for consumers and fishers. Industry officials express a need to find a workable price structure as they navigate these uncertainties.