Understanding the impact of the U.S. tariffs on New Brunswick

Learn about the tariffs, their impact and how you can support our local economy.

What your government is doing

The actions of the U.S. administration continue to impact the global economy, including here at home. We continue to work with the federal government and our Canadian counterparts to further protect our economy and have taken the following steps:  

  • The federal government has granted a special exemption to residents of Campobello Island from previous tariff countermeasures. Campobello is uniquely positioned as it is only accessible by road via the United States year-round. The provincial government began seasonal ferry service to Campobello Island early on May 1, 2025.
  • The Government of New Brunswick has now signed memorandums of understanding on free trade and labour mobility with two provinces.
  • Premier Holt sent a letter to Prime Minister Carney outlining several priority initiatives for New Brunswick, including tearing down barriers to trade with the rest of Canada. Read the letter (PDF 129 KB).

The province continues to follow its four-pillar response plan, which includes:

Establishing supports to New Brunswickers

Learn about supports and resources available for workers impacted by tariffs.

Providing relief for New Brunswick businesses

Learn about the resources and supports available to New Brunswick businesses.

Breaking down interprovincial trade barriers

Learn how we are improving interprovincial trade across Canada.

Promoting “NB Made” products and services

Enjoy all New Brunswick has to offer with quality products made for you.

 

These actions come in addition to measures, including removing U.S. alcohol from the shelves at NB Liquor, signing no new contracts with American companies, reviewing internal trade barriers and working with the other Atlantic provinces to find new markets for items traditionally exported to the United States, such as seafood and lumber.  


What is a tariff

A tariff is a tax or duty imposed by a government on an imported or exported good. When used appropriately, it can be both an important source of revenue for a government and a tool to protect domestic industries from foreign competitors. Tariffs increase the price of imported goods into a country, making them less competitive compared to alternatives.

Canada is the largest buyer of U.S. goods and services and buys more U.S. goods than China, Japan, France, and the United Kingdom combined. The relationship between New Brunswick and the U.S. is important for both parties, and we need to keep it strong and open.

New Brunswick businesses are understandably worried about the effects these tariffs may bring. The longer these tariffs stay in place, the more likely our economy will suffer lasting damage.


What our federal partners are doing

Canada's response to U.S. tariffs on Canadian goods

The Government of Canada has a comprehensive plan to fight back against the unjustified U.S. tariffs imposed on Canadian goods while supporting Canada's interests, industries, and workers.

Canada's engagement with the U.S.

The Government of Canada is providing resources and solutions to help you manage the potential effects of the evolving Canada-United States relationship.