[Eh!] Tariffs, Executive Orders, and Supply Chain Challenges: Unlocking Solutions for US-Canada Trade

Brace yourself for the latest twists and turns in the US-Canada trade saga. In this eye-opening episode, trade experts dive deep into the executive orders, tariffs, and policy changes that are reshaping cross-border commerce.

The relationship between the United States and Canada is a critical one for businesses on both sides of the border. With a flurry of recent executive orders and policy shifts, navigating the new trade landscape has become increasingly complex. Join us as we unpack the latest developments with seasoned trade professionals Jill Hurley and Will Pellerin, who provide invaluable insights and practical guidance for importers, exporters, and anyone involved in international trade.

Expert Guests Featured:
Warrington Ellacott - https://www.linkedin.com/in/warringtonellacott/ 
William Pellerin - https://www.linkedin.com/in/williampellerin/ 
Jill Hurley - https://www.linkedin.com/in/jillhurley/ 

Main Points/Takeaways:

1. Understanding the Impact of Executive Orders

• Explore the key provisions of the "America First" trade policy and how it has set the stage for subsequent actions

• Analyze the impact of the 25% tariffs on Canada and Mexico, as well as the 10% tariffs on China

• Discuss the challenges posed by the lack of clarity around "derivatives" and the potential penalties for misclassification

2. Navigating the Shifting Landscape

• Discover the importance of supply chain visibility and the need to model different tariff scenarios

• Learn about the Canadian government's remission process and how it can be leveraged to mitigate the impact of retaliatory tariffs

• Explore strategies for diversifying markets and finding alternative sales channels

3. Legal and Contractual Considerations

• Understand the complexities of contract review and the need to assess liability, force majeure clauses, and renegotiation provisions

• Discuss the challenges of implementing a "reciprocal trade policy" and the potential impact on businesses

4. Proactive Engagement and Advocacy

• Emphasize the importance of engaging with government trade officials, industry associations, and legal professionals

• Highlight the value of staying informed and advocating for business interests in the face of evolving trade policies

 

In an era of heightened trade tensions, staying ahead of the curve is crucial for businesses navigating the US-Canada trade landscape. This episode provides a wealth of insights and practical guidance from seasoned trade experts, equipping listeners with the knowledge and strategies needed to adapt and thrive in the face of ongoing policy changes. Whether you're an importer, exporter, or simply interested in the dynamics of cross-border commerce, this episode is a must-listen for anyone seeking to navigate the shifting trade environment.

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Contact Us/ Suggest Topics

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Credits:

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/