Tariffs, or import taxes, are inherently regressive, as lower-income households spend a greater proportion of their earnings on day-to-day expenses. … READ MORE >
tariffs
Morning market minute: Emerging market currencies at risk of depreciation
Economies with inadequate capital buffers, economic imbalances featuring large import volumes or those with weak financial systems will be at risk to larger-than-anticipated currency depreciations. … READ MORE >
Tariffs would fray Canada-U.S. ties in energy and auto manufacturing
Although a blanket tariff by the U.S. on all Canadian imports is unlikely to materialize in the first half of 2025, there is still cause for concern as selective U.S. tariffs are possible and would be disruptive to both countries’ economies. To illustrate this, look at energy and auto manufacturing — Canada’s industries with the highest exports to the U.S. … READ MORE >
Tariff discussions in health care and life sciences industries stoke global supply chain concerns
The health care and life sciences industries could be facing significant changes under a second Trump administration. From the prospect of new tariffs to the likelihood that the BIOSECURE Act will be enacted, companies are scrambling to adjust to what could be a changed operating environment. Already, the prospect of … … READ MORE >
Morning market minute: Firms to pull forward durable goods orders to avoid tariffs
Firms appear to be acting rationally to avoid rising import taxes in the new year. … READ MORE >
Trump tariff losers index: Manufacturing, metals, petroleum and many more
The Trump Tariff Losers Index captured the supply chain stress during the pandemic era and is poised to turn upward should the threats of new tariffs become policy action. … READ MORE >
China’s economic challenge: Elevated external debt and its dirty float
A Chinese economy caught in a debt and deleveraging trap is likely to face the additional strain of a sharp increase in tariffs on goods sold into the U.S. … READ MORE >
Higher tariffs are likely coming; consumer businesses should prepare
As consumer products companies look to a new Trump administration, higher tariffs are most likely on the way. Businesses that prepare now, even as they wait for the tariffs to take shape, will be better positioned to maximize their margins. … READ MORE >
The U.S. economic year ahead: Regime change, growth and rising interest rates
The American economy continues to undergo a regime change that will bring less volatility and greater resilience to shocks. … READ MORE >
To contend with higher tariffs, businesses need to act now
Higher tariffs are likely over the next few years. In our estimation, firms do not have the luxury to wait and see how the policy changes turn out. … READ MORE >