High Liner Foods Mitigates Tariff Impacts Through Diversification Strategy

High Liner Foods is reducing its reliance on China for sourcing, currently at 30%, to mitigate the impacts of US tariffs on imports from Canada and China. CEO Paul Jewer highlighted the protective effects of their diversified supply chain. The company aims to maintain resilience amidst rising trade barriers.

High Liner Foods is strategically adapting its sourcing operations in response to US tariffs affecting imports from Canada and China. CEO Paul Jewer noted that currently, only 30% of the company’s total processed volume comes from China, a significant reduction that illustrates their diversified approach to sourcing and processing. This diversification mitigates the impact of additional tariffs, specifically the 20% on products from China and 25% on those from Canada, as stated during the 2025 North Atlantic Seafood Forum in Bergen, Norway.

The tariffs imposed by the US pose a challenge for High Liner Foods; however, the company’s diversified supply chain provides a buffer against potential disruptions. Jewer emphasized that the ongoing adjustments and strategic sourcing decisions are crucial to sustaining their operational resilience amid rising trade barriers. By reducing dependency on any single source country, High Liner aims to protect its market position and navigate the complexities of the current trade environment.

In summary, High Liner Foods is proactively addressing the impact of US tariffs through a diversified sourcing strategy. By reducing dependence on China and enhancing their supply chain, the company positions itself to better manage tariff-related challenges while maintaining its market stability. This strategic adaptability is essential for navigating the dynamic landscape of international trade.

Original Source: www.undercurrentnews.com