Nova Scotia's lucrative seafood industry is bracing for market upheaval as it deals with the effects of tariffs imposed by China and awaits an identical 25 per cent duty from the United States.

China's tariffs on Canadian seafood took effect March 20, while the U.S. duties are expected to kick in Wednesday.

Stewart Lamont, managing director of Tangier Lobster Company Ltd., on Nova Scotia's Eastern Shore, said the lobster sector is "incredibly anxious" as it waits to see how prices are affected. L…