The United States has implemented new tariffs of 50% on a wide array of products imported from Canada. These duties, officially known as “Section 338 duties,” introduce a significant change to cross-b
by Global Trade Dynamics Reshape Commodity Futures
The recent Supply Chain Outlook event provided a comprehensive forum on the intricate impact of tariffs and geopolitics across global commodity markets. Discussions specifically illuminated four disti
by Industry Groups Stress USMCA’s Importance for North American Supply Chains
Retail, manufacturing, and apparel trade groups have collectively voiced their support for the preservation of the United States-Mexico-Canada Agreement (USMCA). While endorsing the pact’s scheduled a
by USMCA Extension Blocked, Annual Review Initiated
The United States has opted against a swift extension of the US-Mexico-Canada Agreement (USMCA), its trilateral free trade pact. This decision by Washington consequently triggered the agreement’s stan
by Manufacturers Propose USMCA Enhancements
The National Association of Manufacturers (NAM) recently released a new report. This report asserts that the USMCA trade agreement, hailed by NAM as “the most pro-U.S. manufacturing trade agreement in
by Mexico Emerges as Key Route for Goods Avoiding US Tariffs
New research reveals a significant shift in global trade, with goods previously part of declining China-US trade flows now being rerouted through Mexico. This complex strategy allows businesses to qua
by Toyota Advocates for Sustained Trilateral USMCA Structure
Toyota and its suppliers are actively advocating for the United States-Mexico-Canada Agreement (USMCA) to maintain its trilateral framework. This push comes amidst an ongoing review of the trade pact.
by USITC Launches Study on USMCA’s Automotive Influence
The U.S. International Trade Commission (USITC) has initiated a new study. This investigation will scrutinize the United States-Mexico-Canada Agreement (USMCA)’s automotive rules. Its primary goal is
by Trade Flows Hold Steady Amid Tariff Uncertainty, Future Disruptions Loom
Despite persistent uncertainty surrounding global tariffs, shipper purchase orders currently maintain a steady course. This indicates a notable resilience within current trade flows. However, this sta
by Trump Administration Imposes New Global Import Tax
The Trump administration has announced a new 10% global import tax. This significant surcharge is set to become effective on February 24. Its implementation follows a recent Supreme Court ruling setba