China’s 25% tariff on Canadian seafood poses a severe risk to Atlantic Sea Cucumber, threatening its survival. The company’s president, Sam Gao, warns that these tariffs could lead to the destruction of their business.

China’s implementation of a 25% tariff on Canadian seafood threatens to devastate the business operations of Atlantic Sea Cucumber, a seafood firm based in Hacketts Cove, Nova Scotia. According to Sam Gao, the president of the company, the situation is dire and could lead to substantial losses. Gao stated that such tariffs will ‘totally destroy our business’, highlighting the critical challenges imposed by these tariffs.

In summary, the recent tariffs imposed by China on Canadian seafood pose a significant threat to businesses like Atlantic Sea Cucumber. The situation is particularly alarming, as expressed by President Sam Gao, who foresees potential closure due to economic strain. This scenario calls for attention to the impact of international trade policies on local enterprises.

Original Source: www.undercurrentnews.com

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