St. John’s business leaders waiting to see if Trump moves on tariffs as presidency begins

As U.S. President Donald Trump begins his second term in office, the president of the FFAW says she’s playing the waiting game to see how threatened tariffs will take shape. FFAW President Dwan Street voiced concern about how a proposed 25 per cent tariff on all Canadian goods — including fish — could affect local markets. For example, she said, 90 per cent of snow crab exports from Newfoundland and Labrador go to the United States. “A 25 per cent tariff, we see it as being absolutely devastating,” Street said Monday. An official with Trump’s administration confirmed to Reuters on Monday that Trump will hold off on tariffs for now but will direct agencies to “investigate and remedy persistent trade deficits and address unfair trade and currency policies by other nations. The majority of Canada’s premiers, including Andrew Furey, have said they’ll stand against any tariffs. “Video, more, >>CLICK TO READ<< 12:46

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