Holt short on specifics on U.S. tariff response
New Brunswick announces generalized approach to react, retaliate to trade tiff with Trump
Update: Several hours after Premier Susan Holt’s news conference on New Brunswick plans to respond to the threatened U.S. tariffs on Canadian exports south of the border, news broke that U.S. President Donald Trump has paused the planned tariffs for 30 days. The remainder of this report is based on the anticipated imposition of the 25 per cent tariffs at midnight Tuesday, which is now not expected to occur.
Hours before onerous tariffs on Canadian exports to the United States were set to take effect, New Brunswick specific response seemed limited to blocking booze.
New Brunswick Premier Susan Holt announced Monday what New Brunswick’s plans are to deal with a 25 per cent tariff on most Canadian imports to the United States.
The Americans’ planned tariff on energy exports is set to be 10 per cent.
The tariffs, an America-first trade tactic announced by U.S. President Donald Trump, are set to come into effect at midnight Tuesday.
Holt, during a news conference over the lunch hour Monday, said the first specific move she’s making is to stop the sale of U.S. products in Alcool NB Liquor stores and to cease ordering new stock from American suppliers.