At press conference on Thursday, Premier Susan Holt addressed the escalating concern over the impact of U.S. tariffs on New Brunswick’s economy, revealing that job loss estimates have been revised from 4,000-6,000 to 10,000-11,000. Holt explained that the prolonged tariff period could lead to permanent job losses, particularly as businesses may move operations elsewhere. With the implementation of Chinese tariffs expected to intensify, Holt urged the federal government to ensure continuous support for affected industries and workers, stressing the need for coordinated efforts at both provincial and federal levels to mitigate the economic fallout.
Canada
Holt warns prolonged U.S. tariffs could lead to 11,000 job losses in New Brunswick
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