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Potential Trump tariff would have huge impact on N.B. businesses [Video]

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Corporate Business Marketing

New Brunswick Premier Susan Holt is hoping negotiations between Canada and the United States will keep a 25 per cent tariff on all goods exported to the United States from happening.

U.S. president-elect Donald Trump is vowing to impose the tariff on all products from Canada and Mexico as soon as he takes office on Jan. 20, if border issues between the three countries are not addressed.

Trump made the pledge Monday on social media saying Canada and Mexico have “ridiculous open borders” and the tariffs would stay in place until both countries addressed what he called the “long simmering problem” of drugs and illegal immigrants crossing into his country.

Holt spoke to reporters in Fredericton before the Legislative Assembly on Tuesday saying there’s roughly $12 billion in goods that crosses the New Brunswick/Maine border every year.

“It has a huge impact on us,” said Holt.

In a social media post of her own Monday night, Holt said 92 …

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