NORTH KINGSTOWN, R.I. (WPRI) — With a view of the Jamestown Verrazzano Bridge, crews along Quonset's coastline are preparing a vessel that's expected to arrive in Maine's waters this summer. "It's the fist ever electrically propelled vessel that's been built here in New England," said Ted Williams, president of Senesco Marine. He said the company builds hybrid ferries, and has been at Quonset for 25 years. Williams said the company uses propulsion technology from Europe because he said it's years ahead from what's available in the United States. But with President Donald Trump promising tariffs, Williams said he has already made changes to his business plans, in anticipation of a rise in the cost on foreign goods. He said the biggest problem is that his company can't change bids for new vessels, once the contract is locked in. "If a tariff were to come out, an unknown tariff, we'd be stuck to the price that we bid here in 2025, regardless of what the amount were to be in the future as we purchase the material," Williams said. Newly re-elected President Donald Trump has promised to impose tariffs on several countries to promote American-made manufacturing. While he has not yet issued an Executive Order, he said he intends to put a 25% tariff on Canada and Mexico by Feb. 1, in response to illegal border crossings and fentanyl trafficking into the US. RELATED: Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 Johnson and Wales Professor Timothy Howes said tariffs can be popular among politicians because they are a viewed as a solution to deal with foreign competitors. But he said the economic strategy can bring along winners and losers. "Other goods from other countries are going to be more expensive," he said. "That's going to certainly preserve and create jobs in those industries. On the other hand, for consumers that are buying those goods and services from other countries, they may well see an increase in prices in the short-run." Meantime, Williams worries about getting future bids, if these tariffs become a reality. "With our higher cost of living here in the northeast in general, your higher wages, put tariffs on top of that and we're going to struggle getting new work here," Williams said. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily Roundup SIGN UP NOW