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Trump implements new tariffs on Canada, Mexico with both countries planning retaliation

March 4, 2025 — U.S. President Donald Trump followed through on his original order to institute 25 percent tariffs on Canada and Mexico, launching tariffs on goods from both countries on 4 March after a one-month pause.

In addition to the 25 percent tariffs on Canada and Mexico, Trump also instituted an additional 10 percent tariff on Chinese goods on top of the 10 percent he announced in February, meaning certain goods from China are now subject to a 45 percent import tariff.

Read the full article at SeafoodSource

Cooke subsidiary acquires Aqua Bounty Canada’s operations for USD 2 million

March 4, 2025 — Cooke subsidiary Kelly Cove Salmon (KCS) has acquired the defunct operations of Aqua Bounty Canada on Prince Edward Island.

Cooke said the acquisition will allow KCS – the Atlantic Canadian salmon-farming division of Cooke Aquaculture – to produce large smolts for stocking its existing ocean salmon-farming sites. According to a Form 8-K filed by AquaBounty Technologies, the parent company of Aqua Bounty Canada, the purchase price was just over CAD 3 million (USD 2 million, EUR 1.9 million) minus the aggregate amount of liabilities for Aqua Bounty Canada under an outstanding loan with KCS and accrued and unpaid license fees.

Read the full article at SeafoodSource

US lobster catch drops as crustaceans migrate to colder Canadian waters

March 3, 2025 — The US lobster industry’s catch keeps sliding as fishermen contend with the northward migration of the valuable crustaceans.

The industry is based mostly in Maine, where lobsters are both a cultural signifier and the backbone of the coastal economy. The state’s haul of lobsters has declined every year from 2021, when it was nearly 111 million pounds, to 2023, when it was less than 97 million pounds.

That decline extended into 2024, when the haul was about 86.1 million pounds, according to data released by state regulators on Friday. That is the lowest figure in 15 years. A series of major storms that damaged waterfront communities and disrupted fisheries was a key factor in the reduced catch, officials said.

Gov. Janet Mills, a Democrat, praised the industry for its perseverance.

Read the full article at the Boston Globe

Trump says 4 March start date for 25 percent tariffs on Canada, Mexico still on, plans an additional 10 percent tariff on China

February 27, 2025 — U.S. President Donald Trump clarified the start date of 25 percent tariffs on Canada and Mexico will be 4 March, after comments on 26 February suggested they could be delayed until April.

Trump posted on his social media platform Truth Social that the tariffs originally delayed on 4 February until 4 March will go forward as scheduled. Trump said the tariffs will go into place because “drugs are still pouring into our country from Mexico and Canada at very high and unacceptable levels.”

Read the full article at SeafoodSource

Trump hints at 25 percent tariffs on goods from EU, sows confusion over start of Canada and Mexico tariffs

February 27, 2025 — U.S. President Donald Trump said he is planning to announce tariffs of up to 25 percent on goods from the European Union.

Trump, speaking to press after the first meeting of his administration’s cabinet secretaries, said he is planning to announce tariffs of up to 25 percent on a range of goods “soon.”

Read the full article at SeafoodSource

Trump pauses 25 percent tariffs on Canada, but Chinese tariffs take effect

February 4, 2025 — U.S. President Donald Trump has paused planned 25 percent tariffs on Canadian goods, barring a 10 percent carveout for energy, following a conversation with Canada Prime Minister Justin Trudeau.

Trump announced on his Truth Social social media platform that Canada has “agreed to ensure we have a secure Northern Border” as part of a CAD 1.3 billion (USD EUR ) border plan. The move came just hours after he also balked at applying 25 percent tariffs to Mexico for a month, based on similar promises that the country would increase security at its border with the U.S.

Read the full article at SeafoodSource

Trump pauses tariffs on Mexico as businesses in Canada and US prepare for potential trade war

February 3, 2025 — U.S. President Donald Trump announced on his social media platform Truth Social that he is pausing planned 25 percent tariffs on Mexico for one month following a conversation with Mexican President Claudia Sheinbaum.

Trump announced a set of sweeping tariffs on Canada, Mexico, and China on 1 February, following through on a proposal he made in November 2024.

Read the full article at SeafoodSource

Trump tariffs worry lobster fishermen in Maine and Canada

January 31, 2025 — Leaders from the U.S. and Canada’s lobster fishing communities came together in Bar Harbor Wednesday to tackle what they said are pressing issues facing the industry.

At the top of mind at this year’s 21st annual meeting was the potential impact of President Donald Trump’s planned tariffs on Canadian products.

“These tariffs, if they actually happen, will badly impact Maine harvesters and the Maine lobster sector — just as it will impact Canadians,” said Geoff Irvine, the executive director of the Lobster Council of Canada.

Solving this issue could mean lobbying U.S. political figures, Irvine said.

Read the full article at Spectrum News 13

Vineyard Wind must replace Canada-made turbine blades with blades made in France

January 30, 2025 — Vineyard Wind 1 is once again turning wind into electricity, even as its developer works to meet a federal mandate requiring the removal of turbine blades made at the Canadian factory where the faulty blade that collapsed last summer was produced.

Company spokesman Craig Gilvarg confirmed that one turbine is back in operation, capable of producing about 13.6 megawatts when running at full capacity.

“Vineyard Wind 1 is delivering power from one turbine, which has met the project’s stringent safety and operational conditions,” he said.

Recently, the federal Bureau of Safety and Environmental Enforcement fully lifted the suspension order it had placed on the project following the July 13 blade collapse at wind turbine generator AW-38 that sent debris crashing into the ocean. The action comes a little more than a month after the agency permitted installation of the first three turbine blades since the incident.

The Bureau of Ocean Energy Management on Jan. 17 also approved a revised construction and operations plan with conditions for Vineyard Wind 1, which will produce 800 megawatts of energy from 62 turbines when completed.

A root-cause analysis of the blade failure conducted by the manufacturer and installer, GE Vernova, found that the collapse was the result of a “manufacturing deviation” at the factory in Gaspé, Canada — specifically, failed bonding of materials. Although the bureau is continuing its own investigation, the revised plan acknowledges manufacturing errors in calling for Vineyard Wind to remove all Canadian-made blades installed on up to 22 turbine generators prior to the July 13 failure.

Read the full article at Cape Cod Times

Canada announces plans for new British Columbia salmon hatchery

December 23, 2024 — The Canadian government has announced plans for the construction of a new Pacific Salmon hatchery in the province of British Columbia, which will be run collaboratively by the Tŝilhqot’in National Government and Fisheries and Oceans Canada (DFO).

“Canada is investing today to support the conservation and restoration of vulnerable Pacific salmon populations, such as Chilcotin Chinook, for the long term,” Minister of Fisheries, Oceans, and the Canadian Coast Guard Diane Lebouthillier said in a statement. “Under the Pacific Salmon Strategy Initiative, we are partnering with Indigenous Peoples, governments, stakeholders, and communities to ensure that Pacific salmon are safeguarded for Indigenous communities and Canadians with a deep and enduring connection to these iconic fish.”

Read the full article at SeafoodSource

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