High Liner Foods is adapting to US tariffs with diversified sourcing strategies, reducing reliance on China to 30% of its volume. CEO Paul Jewer highlighted this approach during the 2025 North Atlantic Seafood Forum, indicating that the company’s operations can partly insulate them from tariff impacts.
High Liner Foods is experiencing some impact from the 20% tariffs on imports from China and 25% on those from Canada; however, the company’s diversified operations provide them with a measure of insulation against these tariffs. During the 2025 North Atlantic Seafood Forum, CEO Paul Jewer revealed that High Liner has reduced its reliance on Chinese sourcing to approximately 30% of its total processed volume. This strategic shift in sourcing is intended to mitigate the financial impact of the tariffs while maintaining the integrity of the company’s supply chain.
In conclusion, High Liner Foods is effectively leveraging its diversified sourcing strategy to shield itself from the adverse effects of newly imposed tariffs on imports from China and Canada. By reducing its dependence on Chinese products, the company aims to safeguard its profitability and supply chain continuity amidst evolving trade policies.
Original Source: www.undercurrentnews.com
