Tag: U.S. Tariffs
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How the U.S. Supreme Court Tariff Decision Could Impact Canada
Introduction: A pivotal moment with ripple effects As the U.S. Supreme Court prepares to hear arguments over the legality and scope of the United States’ tariff policies, Canada watches closely. Regardless of how the court rules, Canadian exporters, manufacturers, and policymakers should anticipate continued uncertainty and adjustments in bilateral trade. Tariffs are not just numbers…
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Canada’s August Trade Gap Widens as Exports Sink Faster Than Imports Rise
August Snapshot: A Widening Trade Deficit Canada’s merchandise trade deficit expanded to $6.32 billion in August, with exports slipping more than imports rose on a monthly basis, according to Statistics Canada. The gap underscores how rapidly shifting demand and the country’s exposure to the U.S. market have reshaped Canada’s trade picture at the start of…
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Impact of U.S. Tariffs on Indian Pharma Industry: Interview Insights
The U.S. Tariff Landscape and Its Implications The recent implementation of tariffs by the United States on imported pharmaceuticals has raised questions about its impact on India’s robust pharmaceutical sector. Rajiv Nannapaneni, CEO of Natco Pharma, emphasized that despite these tariffs, the Indian pharmaceutical industry is unlikely to face significant adverse effects. With 92% of…
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Aluminum Sector Receives Tariff Relief Funding
Introduction to Aluminum Tariff Relief In a recent announcement, Industry Minister Mélanie Joly highlighted significant developments for Quebec’s aluminum sector. The government is poised to allocate “hundreds of millions of dollars” from a $5 billion fund aimed at supporting sectors impacted by U.S. tariffs. This funding is expected to provide much-needed relief for the aluminum…