Tariffs and trade: Canada-U.S. brief
Tariffs and trade
Torys’ Canadian and New York offices will be providing regular briefs on the legal ramifications of the tariffs and other cross-border policy developments on the horizon.
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Developing topics
Brief
Canada adds economic security assessments to foreign investment review policy
The federal government has now prioritized “economic security” in national security assessments of foreign investments, including a new sensitive technology list and other changes.
Mar 5, 2025
Brief
Trump challenges foreign regulation and taxation of the digital economy
The digital services taxes of countries like Canada are coming under enhanced scrutiny under the Trump administration. Our Canadian and New York teams examine this development.
Mar 5, 2025
Brief
U.S. imposes tariffs on Canada; Canada retaliates
U.S. tariffs against Canada are now in effect; Canada is responding with retaliatory tariffs. Read the latest from our Canadian and New York teams.
Mar 4, 2025
Brief
Trump tariffs and foreign policy: a crossroads for critical minerals supply chains
The mining and metals industry faces significant impact in light of new U.S. tariff and trade policy. We assess various paths forward to strengthen supply chains.
Feb 28, 2025
Brief
Trump’s “America First Investment Policy”
New policy from the Trump administration further frames foreign investment both in and out of the United States around national security scrutiny.
Feb 27, 2025
Brief
Use the force (majeure)? Considering the application of force majeure clauses to tariffs
Will force majeure provisions in contracts be sufficient for businesses to not perform contract obligations that are impacted by tariffs? Our cross-border team examines recent case law.
Feb 26, 2025
Recent
- February 21, 2025President Trump’s immigration orders and what they mean for employers
- February 20, 2025President Trump’s tariffs: Staying competitive by shedding unwanted contracts
- February 12, 2025Canada considers pipeline projects in response to Trump’s tariffs
- February 11, 2025U.S. announces tariffs on all steel and aluminum imports
- February 7, 2025The backlash against DEI in the U.S. and what it means for Canadian and cross-border companies
- February 5, 2025What will Trump’s tariffs mean for Canadian life sciences businesses?
- February 3, 2025Layoffs, dismissals and pay cuts: employers in Canada and the U.S. weigh options in response to tariffs
- February 2, 2025Trump imposes 25% tariffs; Canada responds
- January 31, 2025Trump’s nuclear energy strategy: the state of play
Key insights
Brief
Canada takes on internal trade barriers
Canada is ramping up efforts to ease barriers to interprovincial trade to spur economic growth in the face of proposed tariffs.
Feb 6, 2025
Brief
“Team Canada”: Takeaways from Canada-U.S. Economic Summit
Stakeholders across the country came together to address the threat of tariffs and how to cultivate Canada’s economy in the long term. Read our analysis.
Feb 7, 2025
Brief
Less predictable, less secure: international business and President Trump’s economic nationalism
Companies face an increasingly turbulent geopolitical and trade environment as we see increasing emphasis from the United States on economic nationalism.
Feb 18, 2025
Previously distributed
In January shortly after inauguration, President Trump issued his far-reaching “America First Trade Policy” mandating a comprehensive review of U.S. trade relationships, with specific focus on Canada, Mexico, and China. Below is further commentary covering a wide range of issues resulting from this and other executive orders and policy announcements.