China’s looming seafood tariffs just add to ‘craziness,’ says lobster organization

The recent announcement of China imposing a 25 per cent tariff on Canada’s seafood sector has sent shockwaves through the industry. Nat Richard, the executive director of the Lobster Processors Association, expressed his surprise and dismay at the news, citing the added uncertainty in trade relations with the U.S. as a major concern.

The tariffs, set to take effect on March 20, target a range of seafood products including crab, shrimp, prawn, and clams. Live lobster, in particular, is a significant export to China, with the country being the largest market for this delicacy. Despite only accounting for three per cent of frozen lobster exports in 2024, China plays a crucial role in the live lobster market.

Statistics Canada data reveals that the U.S. and China combined represent 83 per cent of Canada’s lobster exports, totaling $2.49 billion. With the looming threat of tariffs from both countries, Richard emphasized the anxiety and uncertainty facing the industry, especially as the spring fishing season approaches.

Stewart Lamont, managing director of Tangier Lobster Company in Nova Scotia, echoed these sentiments, expressing disappointment and surprise at the Chinese tariffs. Lamont highlighted the challenges posed by the ongoing trade war with the U.S. and the need for diversification in market strategies. Despite the impact of the tariffs, Lamont’s company has been actively expanding its market reach beyond the U.S. to countries in Europe and Canada.

The Lobster Council of Canada refrained from making an official statement at this time, as industry stakeholders navigate the complexities of fluctuating trade dynamics. As the seafood industry grapples with the repercussions of these tariffs, the need for adaptability and resilience in the face of uncertainty has never been more critical.