China Confirms 25% Tariff Removal on Canadian Lobster, Crab Effective March 1
China’s Finance Ministry confirmed on Friday that its 25% tariff on lobster and crab imports from Canada will be lifted on March 1 through the end of 2026.
The initial trade agreement between China and Canada was announced in mid-January, with an implementation target of March 1. The deal included the elimination of tariffs on snow crab and lobster, as well as on other agricultural products such as Canadian canola meal and peas.
After the deal was first announced, Geoff Irvine, the Executive Director...
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