VANCOUVER — Diversification has become a mantra for Canadian exporters in the new age of tariffs, but for harvesters of British Columbia’s geoduck clams, that’s a high hurdle, said BC Seafood Alliance executive director Christina Burridge. She said China buys 95 per cent of exports of the massive, meaty molluscs, which can weigh a couple […]
Canadian geoduck clam exports, 95% of which go to China, face potential devastation due to newly imposed 25% Chinese tariffs in response to Canadian tariffs on Chinese electric vehicles and metals. The BC Seafood Alliance estimates $75 million in annual exports are at risk, with diversification proving difficult. Harvesters have halted harvesting anticipating lower demand, and local and domestic markets cannot fully offset lost revenue. While the U.S. also has tariffs on Chinese EVs and metals, China has not imposed tariffs on American geoduck.
