Shrimp trade war tensions ratcheted higher
Ecuador’s shrimp industry is urging its country’s government to implement retaliatory trade measures against Brazilian vehicle makers as part of efforts to overturn what producers describe as a “prolonged and…
Tariffs Leave Consumers and Companies Splitting the Tab
US consumers absorbed up to 43% of the tariff burden after the first seven months of the new tariffs, with the remaining portion borne by US companies, according to estimates…
“If we can grow mushrooms in Canada, why are we funding companies overseas?”
It’s a time in Canada when shoppers continue to scan store shelves in search of a maple leaf on their packaging, or are filtering their online order by “Shop Canadian.”…
Cork-based pharma companies setting up in the US to circumvent tariff pain and protect Irish jobs
Tariff concerns are pushing these Cork firms to build American manufacturing bases with record Irish FDI in the US last year. Cork-based indigenous pharmaceutical manufacturing companies have said that they…
Ford doubles down on U.S. assembly as trade policies shift industry strategy
New industry data, first reported by the Washington Reporter, shows U.S. trade and tariff policies are reshaping where automakers build vehicles, with Ford emerging as the most domestically focused major…
Tariffs as Budget Pay-Fors: Three Revenue Options for Congress
CPA estimates that a universal tariff would generate substantial federal revenue across multiple rate scenarios. A 10 percent universal tariff would raise about $2.63 trillion over 10 years. A 5…
Are Tariffs a Burden? CPA Senior Economist Mihir Torsekar Debates The Tax Foundation at Ohio State University
For decades, the prevailing economic framework taught us to see people only as consumers — to boost their well-being by delivering them the cheapest goods at the lowest prices, not…
‘We will not survive’: Toyota, Honda and Ford CEOs issue chilling warning about China
A whopping 70% of all new electric vehicles (EVs) now hail from China, with Shenzhen-headquartered brand BYD far outpacing Tesla and others in sales, and scaling worldwide operations as a…
Why elevated U.S. tariffs could stick around for years – even after Trump leaves office
A substantial majority of American business leaders are planning for U.S. tariffs to stay elevated for years – and that’s a reasonable expectation, according to trade specialists at PwC. Around…
Is Reshoring Becoming More Feasible?
A Bain survey of 166 CEOs and COOs from late 2024 found 81% indicating their companies have plans to bring supply chains closer to market by nearshoring or reshoring, up…