New Brunswick

Holt says U.S. tariffs set for April 2 may not be as broad as initially feared

Trump has promised to levy 25% tariffs across the board on Canada, but Premier Holt says they may be more targeted

At weekly public briefing, Holt also says Chinese tarrifs not a priority, no solution yet on Campobello

A woman speaks with a hand gesture
Premier Susan Holt said the tariffs coming next week may not be as bad as anticipated. (Ed Hunter/CBC)

Premier Susan Holt said she didn't expect to have much to say this week at the start of her now-weekly live updates about the latest in the trade war with the United States,

But as Canadians have learned by now, things are hardly ever quiet on that front.

Trump said late Wednesday that he would impose a 25 per cent tariff on Canadian vehicle imports.

Holt said while New Brunswick is not a hub for auto manufacturing, Ontario — New Brunswick's second-largest provincial trading partner — is.

"When Ontario sneezes, New Brunswick gets a cold," Holt said.

A worker wearing a yellow vest and a black hat works on an assembly line.
An employee works on the production line at the Martinrea auto parts manufacturing plant, in Woodbridge, Ont., on Feb. 3, 2025. The site supplies auto parts to both Canadian and U.S. auto plants. (Chris Young/The Canadian Press)

But she also shared better news, with word from her counterparts in Ottawa that the threat of broad tariffs across the board, set for April 2, will likely be more targeted at a list of products.

New Brunswick has set up a $62-million tariff relief package to help businesses and municipalities affected by rising costs or labour disruptions, and Holt encouraged any companies impacted to apply for available aid now.

Municipalities and companies subject to Canada's own counter tariffs on importing U.S. goods can apply to the federal government to get back any tariffs paid out, she said. They can reach out to the province or Opportunities N.B. for help navigating that, Holt added. 

She also said efforts by New Brunswickers and the provincial government to restrict travel and spending in the U.S. and on American products is being noticed south of the border.

Bottles of American wine on the shelf at ANBL
Holt said efforts to buy Canadian and remove American products from liquor stores in New Brunswick is being noticed in the U.S. (Sam Farley/CBC)

"I know I don't need to encourage you to do that because you have been doing it in spades, New Brunswick, and I want to say thank you for that job," she said.

"It's starting to destabilize and create rumblings from the United States and so it's working. Keep doing it."

Holt said Saint John is hosting a conference for southeastern U.S. governors in June, which will be another opportunity to continue pressing American politicians on the harm created by tariffs.

"We are hearing more and more that senators and governors, particularly in Republican states, are starting to see the impact and are starting to understand better how this is hurting Americans," Holt said. 

No promise on Campobello year-round ferry

Reporters at Thursday's briefing asked the premier about the province expanding the Campobello ferry to year-round or even an earlier start, but she did not answer the question directly. 

The island is connected to mainland New Brunswick by ferry during summer months, but in the off season, residents have to drive for an hour through Maine to reach the rest of the province. There is no hospital or gas station on the island and only one grocery store. 

Cars on a small ferry
The Campobello ferry only operates during the summer months, for the moment. (Kevin Bissett/Canadian Press)

"There's a challenge there that needs to be addressed," Holt said. 

She added that New Brunswick has been pressuring Ottawa to put in place tariff exemptions for Campobello residents crossing the border, but no solution has been made yet.

Chinese tariffs not a priority

As for Chinese tariffs on Canadian seafood coming at the same time as the U.S. trade war, Holt was asked by if Canada is considering reducing tariffs on Chinese electric vehicles to encourage a drop or reduction of seafood tariffs.

Holt said it is being considered, but Canada's efforts are most focused on reducing and eliminating U.S. tariffs on Canada, as they are a larger trading partner than China. 

"There is concern that removing the tariff on Chinese vehicles will make our relationship and situation and negotiating with the U.S. worse."

The federal government has financial supports for Canadian seafood and canola producers impacted by those tariffs, and Holt said the seafood industry can apply for provincial funding as well. 

ABOUT THE AUTHOR

Sam Farley

Journalist

Sam Farley is a Fredericton-based reporter at CBC New Brunswick. Originally from Boston, he is a journalism graduate of the University of King's College in Halifax. He can be reached at sam.farley@cbc.ca