High Liner Foods Navigates US Tariffs Through Strategic Diversification
High Liner Foods has diversified its sourcing, now deriving 30% of its processed volume from China. CEO Paul Jewer stated that while US tariffs of 20% on Chinese goods and 25% on Canadian imports will affect the company, its varied processing operations will provide significant protection.
High Liner Foods has strategically shifted its sourcing practices, reducing its reliance on China to comprise approximately 30% of its total processed volume. During the 2025 North Atlantic Seafood Forum, CEO Paul Jewer highlighted the company’s adaptive measures in response to tariffs imposed by the United States on imports from China and Canada. These tariffs include a 20% levy on Chinese products and a 25% tariff on Canadian goods, which necessitate careful navigation within the complex trade environment.
Despite the challenges presented by these additional tariffs, Jewer emphasized that High Liner’s diversified processing operations and robust supply chain serve to insulate the company from potential adverse effects. The combination of strategic sourcing and operational flexibility positions High Liner Foods to manage the impacts of external tariffs more effectively. This proactive approach reflects the company’s commitment to maintaining market stability amid fluctuating trade policies and global sourcing challenges.
High Liner Foods is taking notable steps to mitigate the impact of US tariffs through diversification of its sourcing strategies. By reducing dependency on China and enhancing operational flexibility, the company aims to navigate the complexities of an evolving trade landscape. Such strategic measures enable High Liner to remain resilient and competitive within the seafood processing sector, despite facing external economic pressures.
Original Source: www.undercurrentnews.com
