In something of an unexpected consequence, Japanese automakers Toyota (TM) and Honda (HMC) have more to lose than any US automaker from President Trump’s threatened tariffs on Canadian-built vehicles. In a note to clients, JPMorgan Securities’ head of global auto equity research Jose Asumendi noted that Canadian-built vehicles accounted for nearly a quarter of Honda’s … Read More
The current U.S. tariffs mean the importer of Canadian-made products is generally responsible for paying the tariff to the U.S. government. But Melich says the way his sales and shipping are structured requires him to prepay the tariff before his products cross the border — leaving his business to absorb the cost rather than passing … Read More
Over two weeks of trade talks between the US and Canada collapsed late Friday with the Trump administration moving forward on 50% tariffs on an array of Canadian goods and Canada saying it would match the new duties “dollar for dollar.” It was a sharp and sudden negative turn in the talks just hours after … Read More
China’s DJI holds an estimated 70-80% share of the global market for commercial UAS. Operators and casual users of commercially available drones may soon need to pay more for their preferred models or switch to American-made alternatives. The White House on Thursday proclaimed new tariffs on foreign-made drones and their components that possess capabilities it … Read More
The Coalition for a Prosperous America (CPA) congratulates the Trump Administration for drawing renewed attention to the enormous scale of transshipment and tariff circumvention through its new report, The Great Transshipment Scam. The report documents how goods subject to higher U.S. tariffs are routinely rerouted through lower-tariff countries, undermining both tariff enforcement and American manufacturing. … Read More
The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon, the raw material used in semiconductors and solar panels that is primarily produced by China. U.S. President Donald Trump’s proclamation under Section 232 of the Trade Expansion Act of 1962 is aimed at supporting domestic … Read More
Throughout US history, trade has been politically contentious. It engenders controversy because trade has distributive consequences. Trade generates economic gains for some, but losses for others. And who the winners and losers are within a given country shifts over time. Policymakers anticipated the political backlash trade could provoke and constructed institutions to manage it. In … Read More
Just days after the United States and Iran signed a memorandum of understanding to open the Strait of Hormuz, Iran announced it was closing the oil gateway once again, bringing further disruptions to shipping throughout the region. Iran has weaponized the Strait for its own strategic advantage, underscoring the larger point that energy security and … Read More
Today, Representatives John Garamendi (CA-08) and James Gallagher (CA-01) reintroduced the American Food for American Schools Act, legislation to ensure that American-grown food is served in school meals. Senators Tim Sheehy (R-MT) and Adam Schiff (D-CA) introduced companion legislation in the U.S. Senate. “California is the largest agricultural producer in the United States, providing produce … Read More
In March 2025, Premier Doug Ford ordered the LCBO to strip American alcohol from its shelves and wholesale catalogue in a bid to pressure Washington to drop its tariffs on Canadian exports. Last week, Washington answered. President Donald Trump announced 50 per cent tariffs on nearly $20 billion of Canadian goods, including our beer, wine … Read More
