Although core inflation looks a bit more benign than topline inflation, RSM expects July’s U.S. labor data to reflect flat growth in real wages amid an ongoing affordability crisis. … READ MORE >
tariffs
Bank of Canada holds interest rate again amid signs of economic recovery
The Bank of Canada held its overnight rate at 2.25 per cent—a widely expected move, but one delivered with a dovish tone amid ample signs of economic recovery. … READ MORE >
Inflation peaked in May—but return to pre-war levels not coming soon
While it is highly likely that U.S. inflation peaked in May, one should not anticipate a return to pre-war levels of inflation any time soon. … READ MORE >
Bank of Canada holds interest rate amid global uncertainty, domestic strain
The Bank of Canada kept its key interest rate at 2.25 per cent—a fifth consecutive hold—due to the elevated level of uncertainty around the direction of the domestic economy and the global financial implications of the war in the Middle East. … READ MORE >
New 100% tariff announced for branded pharmaceutical products
To evaluate the impact of applying most favored nation pricing, companies should look at global sales strategies, gross-to-net pricing and existing transfer pricing arrangements. … READ MORE >
IEEPA tariffs struck down: What consumer and other importers need to know
The Supreme Court declared the IEEPA tariffs unconstitutional, creating the legal basis for refunds for U.S. importers. What’s next? … READ MORE >
Health care industry trend watch: Week of March 2, 2025
A Supreme Court ruling invalidating the federal government’s use of the IEEPA to impose broad, reciprocal tariffs has injected new uncertainty into U.S. trade policy—and into health care cost structures already under pressure. … READ MORE >
Supreme Court tariff decision: Immediate impacts for manufacturers and importers
Manufacturers and importers should prepare for a potential surge in import activity over the next 150 days. … READ MORE >
Are the new tariffs justified under section 122? No.
No matter how one looks the current circumstances—the condition of the U.S. economy, its balance of payments or its currency regime—none of these meet the standards outlined under Section 122. … READ MORE >
Market Minute: Tariffs are struck down, but don’t count on price cuts
Even if tariff refunds eventually make their way onto corporate balance sheets, the operational costs tied to tariff uncertainty have already been paid. … READ MORE >