Prince Edward Island exporters are looking to adapt to the new trade reality after sweeping U.S. tariffs went into effect early Tuesday.
The North American trade war of 2025 has officially begun with Canada hitting back against the U.S. after President Donald Trump imposed punishing 25 per cent tariffs on virtually all incoming Canadian goods just after midnight.
In response, Canada hit back with an initial $30 billion in tariffs on U.S. goods exported to this country, with the promise to add another $125 billion more in retaliatory measures in three weeks’ time if the U.S. tariffs haven’t been lifted.
Ray Keenan, co-owner of potato processor Rollo Bay Holdings in Souris, said his company has been working to ensure shipments continue moving smoothly.
“We’re in the process of getting some paperwork done with custom brokers to facilitate the movement,” he told CBC’s Island Morning.
“We’re also in constant contact with our customers, …