Tariffs cannot be both a negotiating tactic and an offset that raises revenues to finance tax cuts. … READ MORE >
USMCA
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 >
CHART OF THE DAY: Rail deal is a sign of increasing North American economic integration
Canadian Pacific’s $25 billion deal to purchase Kansas City Southern would create the first railroad network covering Canada, Mexico 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 >