While a reprieve on tariffs may be welcomed, the back-and-forth between the U.S. and Canada laid bare Canada’s economic vulnerability amid ongoing political volatility. … READ MORE >
trade
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 >
The de-risking of world trade: Industrial policy in an era of changing political economy
That time of free trade and the unfettered flow of capital has passed, and industrial policy will be the primary organizing framework for trade, technology transfers and global finance. … READ MORE >
3 things to know this week in energy: Suez Canal blockage, oil field deals, carbon pricing
Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
CHART OF THE DAY: Unexpected risk and a blocked Suez Canal
Just when optimism was returning to the global economy, a shortage of microchips threatens the automobile industry and a container ship gets stuck in the Suez Canal, threatening the global supply chain. … READ MORE >
The impact of Brexit on U.S. manufacturing companies
Plenty of questions remain about what the specific impacts of the UK-EU Trade and Cooperation Agreement will be, but some aspects – such as value-added tax and customs implications – have come into clearer focus in 2021. … READ MORE >
Container crunch pushes shipping rates to record highs
Surging demand for Asian imports and a shortage of containers are congesting U.S. ports, causing headaches for companies importing from Asia, skyrocketing shipping rates and surging purchase prices for containers. … READ MORE >
What’s the latest in U.S.-China trade?
The Regional Comprehensive Economic Partnership is one of the latest developments in the ongoing battle for economic dominance between China and the United States. … READ MORE >
USMCA is a solid opportunity for the middle market
The pact, called the United States-Mexico-Canada Agreement, includes a chapter dedicated to small and medium enterprises – a first for a multilateral trade agreement – and also adopts a wide array of provisions from the abrogated Trans Pacific Partnership trade treaty. Both of these provisions are major wins. … READ MORE >
Policy options to boost economy may be limited in a post-Brexit world (updated)
It remains to be seen whether Britain’s impending departure from the European Union will be “hard” or “soft.” Either way, it is time to start thinking about the post-Brexit economic environment. … READ MORE >