N.B. premier says she’ll work with Ottawa to hit back at U.S. ‘where it hurts’
Holt says New Brunswick wants Canada’s response to have the highest impact on the U.S. and the smallest impact on the province and the country.
New Brunswick Premier Susan Holt has pledged to collaborate with Ottawa in order to retaliate against the United States, targeting the most impactful areas while minimizing damage to her province and Canada. Following the collapse of Canada-U.S. trade talks on Friday, Holt expressed her intention to work alongside the Prime Minister to implement tariffs that would have a significant impact on the U.S., while sparing the province and the nation from undue hardship.
The Trump administration's recent 50% tariffs on $28 billion worth of Canadian goods are expected to affect around $112 million worth of New Brunswick exports, which constitute approximately 0.8% of the province's total exports to the U.S. Preliminary estimates suggest that about 500 jobs in New Brunswick might be at risk due to these tariffs; however, the government plans to take measures to alleviate the adverse effects on the local economy.
In a statement to reporters on Monday, Holt emphasized the need to inflict a blow to the U.S. where it would be most felt, and to provide necessary support from both federal and provincial sources to offset the negative consequences of these tariffs.
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