
B.C. geoduck exports facing possible devastation as Chinese tariffs loom
VANCOUVER — British Columbia seafood producers are bracing for impact as China is slated to impose 25-per-cent tariffs on geoduck clams, a move that could devastate the multimillion-dollar export industry that is built almost exclusively on Chinese markets.
Christina Burridge, executive director with the BC Seafood Alliance, says about 95 per cent of Canada’s geoduck exports go to China, with exports of the clam to the country valued at about $75 million a year, all of which coming from B.C.’s coast.
China is imposing a tariffs ranging from 25 per cent to 100 per cent on a number of Canadian products, including geoducks, starting Thursday, in response to the federal government’s decision to impose a 100 per cent tax on Chinese electric vehicles and levies on steel and aluminum.
Burridge says local fleets have already stopped harvesting the clams as they await the resulting economic fallout.