PC Leader Tony Wakeham says "U.S. Tariffs will have devastating consequences for the province"

    Thursday, 28 November 2024 12:00

    By Tonya Organ

    Wakeham says these tariffs would drive up costs, threaten jobs, and destabilize industries that are the backbone of our economy."

    The leader of the provincial Progressive Conservative Party believes the proposed U.S. 25 percent tariff is a direct attack on workers, families and small businesses. Tony Wakeham is calling on the federal and provincial governments to vigorously defend Newfoundland and Labrador’s economy against this move which he says would have devastating consequences for the province. "Newfoundland and Labrador depends heavily on trade with the United States, with over two-thirds of our seafood exports, half of our manufacturing exports, and nearly 43 per cent of our oil and gas exports destined for U.S. markets,” he says.

    Wakeham says these "tariffs would drive up costs, threaten jobs, and destabilize industries that are the backbone of our economy." He emphasized the importance of the fishery, which he described as the lifeblood of rural Newfoundland and Labrador. Wakeham also pointed to other key industries such as petroleum production, manufacturing, and lumber, warning of widespread economic harm if the tariffs are implemented.

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Heavy Rain

      High: 11°C | Low: 6°C

    • Deer Lake

      Heavy Rain

      High: 11°C | Low: 6°C

    • Stephenville

      Heavy Rain

      High: 10°C | Low: 6°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Deer Lake Mayor Dean Ball on Bay Fm

      Water Resources Division have issued a Flood Watch for the Humber River and communities along the banks of the Humber River and Deer Lake.

    • Sunday Night Geek

      Sunday Night Geek, May 10, 2026

      Sunday Night Geek, May 10, 2026

    • The Plain Truth

      The Plain Truth, Wednesday May 6, 2026

      Paula Sheppard's guest this week are Nicole Devoe, CASEY Coordinator, Rose , Your Prevention Coordinator, and Destiny Hopkins, from the Corner Brook Status of Woman Council.