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    Canada Adjusts Tariffs: Seafood Out, Copper In

    The Canadian government has adjusted its list of retaliatory tariffs by removing seafood and fish products and adding copper wire and charcoal to maintain equal countermeasures against the U.S. According to a statement from Finance Canada, the decision to remove seafood products was made late Wednesday based on industry feedback. The government stated that it continuously evaluates the effectiveness of these measures, especially focusing on industries impacted by U.S. tariffs.

    In response to President Donald Trump’s recent tariffs, Ottawa announced an increase in duties on American steel and aluminum products from 25 to 50 percent, along with a 25 percent tariff on various seafood items. Additionally, the Ministry of Finance confirmed the inclusion of copper wire, charcoal, plaster sheets, tiles, and printed photographs on the list, all subject to a 50 percent tariff when the countermeasures take effect on September 8.

    Finance Minister François-Philippe Champagne emphasized that the decision to remove U.S. seafood from the tariff list was made in Canada’s best interests after listening to the concerns of Canadians. When asked about the message this change might send to the White House, Champagne reiterated that it was the right decision for Canada.

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