A Bilateral Relationship Under Strain
Retaliatory tariffs and surtaxes imposed by both governments have disrupted supply chains, increased costs, and created unprecedented planning uncertainty for businesses on both sides of the border.
Understanding the Current Tariff Landscape
U.S. actions include Section 232 tariffs on steel and aluminum, broader IEEPA tariffs, and reciprocal measures. Canada has imposed retaliatory surtaxes on U.S.-origin goods across multiple categories. The interaction with CUSMA preferential rates creates additional complexity.
Strategic Options for Affected Businesses
Supply chain diversification, tariff optimization within existing frameworks, cost pass-through strategies, and advocacy/engagement with government.
Scenario Planning for an Uncertain Future
Model scenarios where surtaxes increase, decrease, or remain stable. For each, specify pricing adjustments, sourcing alternatives, inventory strategies, and communication plans. The goal is to prepare for multiple futures.
Ready to Take Action?
Peacock Tariff Consulting helps businesses on both sides of the border navigate uncertainty and build resilient supply chains. Contact us today.
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