Insights

Trump’s pharmaceutical tariff plan is shaking up the global drug market and not just inside the U.S. While the policy is framed as a way to bring down domestic prices and boost American manufacturing, its ripple effects could be felt far and wide. Global Impact: Will Drug Prices Drop Outside the U.S.? In theory, if…

Country-by-Country Tariff Impact Overview Country Tariff Rate (Aug 1) Key Sectors Affected Response / Status Canada 35% Metals, agriculture, consumer goods Negotiations stalled; retaliatory tariffs likely by July 21. USMCA goods may be exempt. Mexico 30% Autos, steel, potash Talks ongoing; U.S. demands cartel enforcement. Retaliation possible. European Union 30% Autos, pharmaceuticals, dairy Preparing $84B…

Why the U.S. Imposed Tariffs on the European Union President Trump’s decision to impose 30% tariffs on EU imports starting August 1, 2025, is rooted in a mix of economic grievances, regulatory disputes, and strategic posturing: Impact on the U.S. Economy While the U.S. aims to gain leverage, the domestic fallout could be significant: Impact…

 Why the U.S. Imposed 30% Tariffs on Mexico Trump’s August 1 tariff rollout is driven by a mix of national security, economic leverage, and political theater: Impact on the U.S. Economy The U.S. may feel the sting more than expected: Impact on Mexico’s Economy Mexico’s exposure is massive — over 80% of its exports go…

A Sudden Escalation in North American Trade On July 10, 2025, U.S. President Donald Trump announced a sweeping 35% tariff on all Canadian imports, effective August 1. The move stunned policymakers and markets alike, reviving tensions between two of the world’s most tightly integrated economies. Trump accused Canada of “retaliatory tariffs,” “economic warfare,” and failing…

What Is BRICS? BRICS is a geopolitical and economic alliance originally formed by Brazil, Russia, India, China, and South Africa. The acronym was coined in 2001 by economist Jim O’Neill to describe emerging economies poised to reshape global power. Since then, BRICS has evolved from a loose economic concept into a formal intergovernmental organization. As…

Market Reaction and Immediate Price Effects The moment President Trump announced a 50% tariff on imported copper under a Section 232 “national security” probe, U.S. Comex copper futures spiked over 10%, signaling traders’ concerns about looming supply constraints and cost pressures for downstream industries. A two-tier pricing structure has already emerged: Market Current Price (per…

President Trump posted letters to 14 governments announcing new “reciprocal” tariffs on their exports to the United States, effective August 1. Each country faces a non-negotiable rate“ take it or leave it” ranging from 25 percent to 40 percent, designed to address the U.S. goods trade deficit and spur foreign investment in American manufacturing. Country-by-Country…

On July 7, 2025, at the Calgary Stampede, Alberta Premier Danielle Smith and Ontario Premier Doug Ford signed two memorandums of understanding one focused on energy corridors and another on interprovincial trade. Under the trade MOU, Alberta and Ontario pledged to boost the movement of goods specifically alcohol and vehicles across provincial lines, while jointly…

President Trump has instructed his administration to begin sending formal letters to over 100 trading partners starting July 4. Each letter will specify the tariff rate ranging from 10–20% up to 60–70% that the recipient country will face on all imports into the United States effective August 1. Rather than negotiate dozens of bilateral deals,…