N.B. business owner could move to U.S. if Trump makes good on tariff threat – New Brunswick [Video]

New Brunswick exporters are bracing themselves for a possible 25 per cent tariff on Canadian goods sold in the United States if president-elect Donald Trump follows through with his threat.

Darrin Smith, who owns JessEm Tools in Moncton, is among the business owners now left considering their future.

“Over 80 per cent of our business goes to the U.S. and there are alternatives. They could buy our competitors’ products. So if the tariffs come in and they stay for a while, I can’t imagine Americans want to pay 25 per cent more,” he said.

He says if the tariffs do go ahead and last more than a few months, he will either move his business to the U.S. or sell to an American buyer.

While he acknowledges the impact either option would have on the factory’s 65 employees, he says he would have no other choice.

“It’s a personal decision, really, because it’ll be …