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”
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Chinese Brands: A Catalyst for Economic Growth
The Economist’s article discusses how Chinese brands are advancing beyond low-cost manufacturing, fostering innovation and competition globally. Protectionist measures in North America and Europe may inhibit domestic growth and innovation. Instead of exclusion, strategic engagement is suggested to enhance competitiveness and adapt to evolving trade dynamics, recognizing the need for collaboration and resilience.
Trump and Mercantilism: Implications for International Business
Mercantilism, an economic theory prevalent from the 16th to 18th centuries, has seen a resurgence in the 21st century, particularly through U.S. trade policies. Trump’s “America First” strategy seeks to bolster domestic manufacturing and resource control, aligning with classical mercantilist principles. However, these approaches risk isolating the U.S. in a global economy increasingly shifting towards regional trade and diversity. Businesses must adapt by diversifying partnerships, leveraging trade agreements, and enhancing supply chain resilience to mitigate risks and seize new opportunities in a changing landscape.
PGTS Inc. 