The seafood industry in Newfoundland and Labrador is expressing concern over potential tariffs threatened by U.S. President-elect Donald Trump, who has indicated he will impose a 25% tariff on all Canadian and Mexican exports in response to illegal border crossings and drug entry. This could significantly impact the province, as over 60% of its seafood is sold in the U.S. Industry leaders and politicians are expressing anxiety and planning for alternative strategies, with concerns about the potential for bluffing and the impact on the Canadian dollar and consumer prices. There is some optimism that the federal government may implement stricter measures to address Trump's concerns, potentially allowing for a positive outcome. However, preparations are being made for higher seafood prices and challenges for the industry, with efforts being made to diversify export markets to reduce reliance on the U.S.