The Winding Glass: On the Eve of Trump, Tariff Outlook May Moderate
Last month, I wrote about a worst-case scenario for U.S. seafood if major tariffs are imposed on Canadian lobster and crab. The interdependence of production and consumption in these two countries is so entwined that any dramatic action could be hugely disruptive.
Now, on the eve of the inauguration, I believe the worst-case scenario is unlikely. In fact, the lobster and crab seasons could begin in Canada without a clear picture of tariffs. In short, the seafood industry may have time to make the necessary market...
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