January 16, 2026 — Canadian Prime Minister Mark Carney announced the country has reached an agreement with Chinese President Xi Jinping that will cut Chinese tariffs on key seafood items like lobster and crab.
Canada has faced an additional 25 percent tariff in China on a range of seafood products including halibut, crabs, lobster, clams, and shrimp since 20 March 2025. The tariffs were made in response to a 100 percent Canadian tariff on Chinese electric vehicles and a 25 percent tariff on steel and aluminum products from China.