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LIVE DESK·Global markets desk·Last updated 14s ago
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Canada drops seafood from list of U.S. retaliatory tariffs

Ottawa removes seafood and fish products from counter-tariff schedule after industry feedback, while matching new U.S. duties dollar-for-dollar. Measures take effect September 8.

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David Chen · Commodities Desk · 1 Sept 2026 · 02:06 · 1 min read
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Canada drops seafood from list of U.S. retaliatory tariffs

Canada’s Department of Finance said it has removed seafood and fish products from its list of retaliatory tariffs on U.S. imports following industry feedback, narrowing the scope of countermeasures announced earlier this week.

The adjustment comes after the U.S. imposed 50% tariffs on Canadian goods over the weekend. Ottawa said it will match Washington’s latest duties dollar-for-dollar, maintaining a reciprocal stance while easing pressure on specific sectors. The revised tariff list will take effect on September 8.

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In a statement posted on social media platform X, the Department of Finance said the changes were made to mitigate economic harm, noting that it continues to assess the impact of U.S. measures on targeted Canadian industries. The initial counter-tariff package covered roughly $20 billion of U.S. products, though the updated list was not disclosed in detail.

The latest move follows a day of coordinated announcements between the two governments, with Canada’s adjustment signaling a willingness to calibrate its response while preserving retaliatory leverage.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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