Daily Archives: November 28, 2024
‘A lot of anxiety’: N.L. seafood industry will see big hit if Trump follows through with tariffs
President-elect Donald Trump’s 25 per cent tariff threat is worrying people in Newfoundland and Labrador’s seafood industry. More than 60 per cent of the province’s seafood is sold in the United States. “There’s certainly a lot of anxiety right now in the seafood industry, and I’m no exception,” said Labrador Gem Seafoods’ president Danny Dumaresque in an interview with The Telegram on Wednesday, Nov. 27. Trump said in a social media post Monday night that on his first day in office, he would impose the tariffs until Canada and Mexico stop illegal border crossings and prevent drugs such as fentanyl from entering the U.S. “Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” Trump wrote on his social media platform Truth Social. more, >>CLICK TO READ<< 07:57
