China trade deal offers relief to N.B. lobster, crab fishermen | CBC News

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china-trade-deal-offers-relief-to-nb.-lobster,-crab-fishermen-|-cbc-newsChina trade deal offers relief to N.B. lobster, crab fishermen | CBC News

New Brunswick·New

A trade deal between Canada and China is offering relief for New Brunswick fishermen, as it has resulted in the elimination of a 25 per cent tariff on Canadian lobster and crab.

Trade deal results in elimination of 25% tariff China imposed on Canadian lobster, crab last March

Aidan Cox · CBC News

· Posted: Jan 16, 2026 4:31 PM EST | Last Updated: less than a minute ago

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Lobster cratesChina is the second largest export market of New Brunswick lobster, and the elimination of Chinese tariffs is good news for local fishermen, according to industry representatives. (CBC)

Some New Brunswick fishermen are breathing a sigh of relief in the wake of a trade deal announced Friday between Canada and China.

Prime Minister Mark Carney’s trade mission to the world’s second-largest economy resulted in a deal that will see a limited number of Chinese electric vehicles allowed into the Canadian market under a 6.1 per cent tariff.

In exchange, China agreed to eliminate tariffs on several Canadian exports, which include, most notably for New Brunswick, lobster and crab.

“We were very happy to be included in the list along with crab,

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