Tag: Trade Policy
-
U.S. refusal to renew North America’s trade pact at its mandatory six-year review pushes CUSMA into a decade of annual check-ups – and leaves the tariff shield covering most Canadian exports riding on negotiations Ottawa has not yet formally begun. By the Canada Trade Desk | Peacock Tariff Consulting OTTAWA – July 3, 2026 –…
-
Ottawa presses Washington for structure and predictability as North America’s trade pact slides into an unprecedented decade of annual reviews, leaving tariff relief for steel, aluminum, autos and lumber to a parallel bilateral track Peacock Tariff Consulting Trade Desk OTTAWA, July 5, 2026 Four days after the United States formally refused to renew the Canada-United…
-
An analysis of the benefits and costs of the agreement entering annual review, written July 1, 2026 Executive Summary On July 1, 2026 – the sixth anniversary of the Canada-United States-Mexico Agreement’s entry into force – the mandated joint review under Article 34.7 concluded without the unanimous confirmation required to extend the agreement for a…
-
An analysis of the benefits and costs of the agreement entering annual review, written from the perspective of Canada’s agriculture and agri-food portfolio – July 1, 2026 Executive Summary On July 1, 2026 – the sixth anniversary of the Canada-United States-Mexico Agreement’s entry into force – the mandated joint review under Article 34.7 concluded without…
-
An analysis of the benefits and costs of the agreement entering annual review, from the perspective of binational manufacturers operating plants in both Canada and the United States – July 1, 2026 Executive Summary On July 1, 2026, the joint review mandated by Article 34.7 of the Canada-United States-Mexico Agreement concluded without the unanimous confirmation…
-
The United States moved to open a sweeping new front in its trade agenda this week, with the U.S. Trade Representative determining that 60 economies together accounting for the overwhelming majority of America’s imports have failed to ban and enforce prohibitions on goods made with forced labor, and proposing additional tariffs of up to 12.5%…
-
A window into how Washington is now buying American pharmaceutical capacity and what the Lebanon expansion tells us about the new U.S. industrial-policy architecture for pharma Eli Lilly is making another major investment in U.S. manufacturing, announcing plans to spend an additional $4.5 billion at two of its sites in Lebanon, Indiana. The headline figure…
-
The International Payments Crisis Underlying Section 122 Tariffs The 10% import surcharge under Section 122 of the Trade Act of 1974 operates as a policy response to what the administration characterizes as fundamental international payments problems confronting the United States. The policy rationale is not protectionist in the conventional sense but rather balance-of-payments corrective-using tariff…
-
Introduction: From Emergency Powers to Formal Investigations The landscape of U.S. trade policy has undergone a significant evolution in recent months. What was once characterized by relatively expeditious tariff implementation through emergency power authorities has shifted toward a more formal, methodical approach centered on trade investigations. This pivot reflects important legal and strategic considerations. Courts…
-
The Relocation Wave: US Tariffs and Subsidies Reshape Manufacturing Geography The automotive manufacturing landscape is undergoing a profound transformation driven by American tariff policy and electric vehicle subsidies. The 25% US tariff on imported vehicles and the substantial tax credits available for domestic EV production have created economic incentives so significant that major automakers have…