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As Air Canada flight attendants initiate a nationwide strike, the ripple effects are being felt far beyond passenger inconvenience. Beneath the cabin floor of every commercial aircraft lies a critical artery of global commerce: the bellyhold. This underutilized space has become a lifeline for industries that rely on fast, reliable air freight   especially in a…

In the wake of escalating global trade tensions and sweeping tariff reforms, the United States has undergone a significant transformation in its import strategy. From 2024 to 2025, U.S. importers have increasingly pivoted away from countries burdened by high tariffs such as China, India, and Brazil and toward duty-free partners like Mexico, Canada (under USMCA),…

Recent Developments On July 15, Canada’s federal cabinet convened to formulate its response after U.S. President Donald Trump announced a 35 percent tariff on Canadian imports, set to commence August 1. Prime Minister Mark Carney signaled that a “tariff-free” outcome was unlikely and acknowledged the prospect of enduring sector-specific levies. The new 35 percent rate…

Canada–China Canola Tariff Crisis In August 2025, China imposed a sweeping 75.8% anti-dumping tariff on Canadian canola, effectively halting billions of dollars in agricultural exports and sending shockwaves through Canada’s farming communities. This move, widely interpreted as a retaliatory response to Canada’s earlier tariffs on Chinese electric vehicles, marks a turning point in the bilateral…

Author: Maria Pechurina, MA, Director of International Trade @ Peacock Tariff Consulting Earlier in 2025, on St. Patrick’s Day, US President Donald J. Trump lamented that Ireland, a “beautiful island of just 5 million people, has got the entire US pharmaceutical industry in its grasp.” In America’s pursuit of self-sufficiency, its overwhelming reliance on foreign…

The U.S.–China tariff conflict has evolved into one of the most consequential economic standoffs of the 21st century. Since President Trump’s return to office in January 2025, he has aggressively pursued a protectionist trade agenda, reviving and intensifying the tariff war that began during his first term. On April 2, he declared “Liberation Day,” imposing…

The Canadian Pickle Landscape Pickles have long been a staple in Canadian households, with brands like Bick’s dominating the shelves for decades. Though Bick’s began as a proudly Canadian company, it was acquired by U.S.-based TreeHouse Foods in 2014. Despite the change in ownership, the brand continued sourcing cucumbers from Ontario and lids from Canadian…

Introduction On August 7, 2025, the United States implemented one of the most sweeping tariff overhauls in recent history, targeting imports from over 25 countries and reshaping the cost structure of everything from apparel and electronics to food and fuel. With rates surging as high as 50%, the ripple effects are being felt across income…

Canada’s softwood lumber industry is more than an economic staple it’s a trade battleground. In 2024, the country shipped over 20 million cubic meters abroad, with the United States absorbing the vast majority. But as tariffs climb and geopolitical pressures mount, Canada is waking up to a harsh reality: overreliance on a single customer can…

Section 232 Tariff Update: What Exporters and Importers Must Know The U.S. Customs and Border Protection’s newly released guidance (CSMS #65340246) under the Trade Expansion Act Section 232 introduces a major shift: importers must now declare the country of origin for any aluminum or steel used in their products no matter how small or incidental.…