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Islanders concerned about uncertain economic future, even after tariff pause

'It was going to break a lot of relationships that we spent the last 20 years building'

CBC NewsGwyneth Egan

With close to $1 million worth of product in the yard, Trout River Industries staff questioned how they were going to tell customers they would need to pay 25 per cent more if U.S. tariffs came into effect. 

The P.E.I. company, like many others, was relieved by the 30-day pause on tariffs announced by Prime Minister Justin Trudeau on Monday. 

"It was going to break a lot of relationships that we spent the last 20 years building," said Harvey Stewart, chief innovation officer of Trout River Indust…

Continued...

Read the full story on the CBC website

Islanders concerned about uncertain economic future, even after tariff pause

SOURCE www.cbc.ca

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https://pei.lokol.me/s/islanders-concerned-about-uncertain-economic-future-even-after-tariff-pause-16963-10145615
CBC NewsGwyneth Egan, Posted: Feb 04, 2025 8:24 PM EST | Last Updated: 21 minutes ago
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