The Government of Canada has announced new retaliatory tariffs in response to U.S. tariffs on Canadian goods, including the recently implemented Section 338 measures. Effective 12:01 a.m. on September 8, 2026, Canada will impose additional tariffs of 15%, 25% and 50% on products covering C$27.6 billion of imports from the United States. The tariff rate for each…
By Jennifer Haynes, Chief of Client Services & Operations, Peacock Tariff Consulting A 50% U.S. tariff on a wide range of Canadian goods is now in effect, while Canada prepares retaliatory tariffs of its own. For businesses on both sides of the border, the immediate challenge is determining their exposure and planning in an environment…
Eight weeks into the EU’s hardened steel import regime, quotas are running dry, importers are stuck at customs, and Brussels faces a Monday deadline to define the traceability rules that will govern the next phase. BRUSSELS, August 25, 2026 The European Commission has less than a week to finalize one of the most consequential pieces…
Brussels and Beijing enter the final stretch before an October deadline with the electric vehicle minimum price mechanism only half built, Chinese duties still collecting on European pork, dairy and brandy, and a new fight over investigative jurisdiction poisoning the well. BRUSSELS, August 25, 2026 The most consequential number published in the China-EU trade file…
President Trump pledges to raise tariffs on Canadian cars, trucks, auto parts, and steel to 50 percent on January 1, an escalation that American automakers, steel consumers, and editorial boards warn will land hardest on the United States itself WASHINGTON, August 25, 2026. President Donald Trump on Monday pledged to raise United States tariffs on…
A planned 7.5 percent overcapacity layer would push combined Section 301 exposure on Chinese semiconductors to roughly 70 percent, transforming the economics of American technology supply chains just weeks before the Trump-Xi summit WASHINGTON, August 25, 2026. For American companies that buy Chinese semiconductors, solar components, or battery materials, the trade story of the week…
India’s first duty-free sugar import window in nearly a decade is already being rewritten on the fly, as tumbling domestic prices threaten to leave half the quota unused. NEW DELHI, August 25, 2026 Five days after New Delhi threw open its first duty-free sugar import window since the 2017-18 season, the program is simultaneously working…
Four federal ministers unveil the September 8 counter-tariff schedule and a support package of loans and benefits, as provinces threaten energy and mineral leverage and small business groups question whether relief reaches the firms that need it OTTAWA, August 25, 2026 Four members of Prime Minister Mark Carney’s cabinet appeared together in Ottawa on Tuesday…
Washington prepares a 7.5 percent overcapacity tariff on Chinese goods, a move calibrated to reach, but not breach, the 20 percent cap Beijing says it was promised ahead of the September 24 Xi-Trump summit WASHINGTON, August 25, 2026. The Trump administration is preparing to impose an additional 7.5 percent tariff on Chinese goods under its…
Four months into provisional tariff cuts, the EU-Mercosur pact is moving real goods across the Atlantic while its legal fate rests with judges in Luxembourg. BRUSSELS, August 25, 2026 The EU-Mercosur trade relationship enters the final week of August in a condition that has no clean precedent in modern trade policy: tariffs are falling, quotas…