High Liner Foods is adapting to U.S. tariffs by diversifying its sourcing, now sourcing about 30% from China. CEO Paul Jewer noted that this strategy helps insulate the company from tariff impacts, although combined tariffs of 20% on China and 25% on Canada will still influence operations.

High Liner Foods, based in Lunenburg, Nova Scotia, has strategically shifted its sourcing, now obtaining approximately 30% of its total processed volume from China. CEO Paul Jewer discussed these adaptations during an interview at the 2025 North Atlantic Seafood Forum, indicating that this diversification provides some insulation against the effects of U.S. tariffs.

The U.S. has imposed a combined 20% tariff on Chinese imports and a 25% tariff on Canadian goods, which are expected to affect High Liner Foods. However, Jewer’s remarks highlight that the company’s diversified processing operations and supply chains mitigate potential negative impacts from these tariffs, allowing them to maintain a level of operational resilience.

As High Liner navigates these challenges, it is essential for stakeholders to stay informed about the company’s adjustments and overall strategy in response to changes in trade policies. Jewer’s insights reflect the company’s proactive stance in facing market fluctuations and tariffs, ensuring that their sourcing strategies are adaptive and robust.

High Liner Foods is implementing strategic changes to buffer against the economic effects of U.S. tariffs. By diversifying its sourcing, the company reduces its dependency on affected markets, thereby enhancing its resilience. CEO Paul Jewer’s insights demonstrate a commitment to ensuring the company remains stable amid shifts in policy and trade dynamics.

Original Source: www.undercurrentnews.com

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