The election of U.S. President Donald Trump has heralded a new protectionist era of international trade. In the weeks since Trump’s inauguration, the U.S. has withdrawn from the Trans-Pacific Partnership agreement, declared its intention to renegotiate NAFTA, issued an executive order to ratchet up collection of customs duties and enforcement of trade remedy actions, and has begun examining strategies to ignore unfavourable WTO rulings. Far from being an outlier, this “My Country first” stance is increasingly reflected in markets around the world.
Companies that do business in Canada must similarly protect their own interests and brace for increased use of protectionist measures by key trading partners. Canadian businesses that rely on imports will also see an increase in Canadian government protectionist actions based on claims of diversion of imports otherwise destined for other protected markets, as well as general growing isolationism.
In this webinar presentation, Darrel Pearson and Jessica Horwitz of Bennett Jones LLP will provide an overview of trade remedy measures available under international law. They will also discuss trends in use of these remedies by Canada’s key trading partners and the impact of protectionist action on Canadian importers and exporters, and finally how companies can prepare themselves and mitigate risk.
All Attendees will receive the live webinar link via email on May 29th.