Learn about the tariffs, their impact and how you can support our local economy.
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 province continues to follow its four-pillar response plan, which includes:
Learn about supports and resources available for workers impacted by tariffs.
Learn about the resources and supports available to New Brunswick businesses.
Learn how we are improving interprovincial trade across Canada.
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.
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.
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.
The Government of Canada is providing resources and solutions to help you manage the potential effects of the evolving Canada-United States relationship.