Recent U.S. tariff moves have created alarm — but the practical effect is more nuanced than headlines suggest. The combined impact of the USMCA (United States–Mexico–Canada Agreement) and exemptions for energy means the vast majority of Canadian exports remain outside the bite of the newest U.S. duties. Independent reporting shows that roughly 90–95% of Canada’sContinueContinue reading “Canadian Strategies to Address US Tariff Uncertainty”
Tag Archives: non-tariff barriers
Understanding How Non-Tariff Barriers Shape Global Trade
Non-Tariff Barriers (NTBs) significantly influence global trade flows, often presenting hidden costs and challenges beyond the visible tariffs. NTBs include financial restrictions like the control of clearing houses, international insurance limitations, and stringent domestic labeling requirements, which can impede foreign competition. Other NTBs involve bureaucratic delays, import quotas, and digital trade restrictions. Understanding these barriers is crucial for businesses, as they can disrupt trade and increase operational costs just as much as tariffs.
PGTS Inc. 