How to be prepared for potential US Tariffs (and why it is best to be proactive)
With the looming threat of US tariffs on Canadian goods, Canadian companies must consider what to do in advance of March 5th (30 days from February 4th delay) to limit the potential risks of a trade war. The 30-day delay provides an opportunity for Canadian businesses to take proactive action to limit their exposure.
The following worksheet is designed to help you:
- Quickly identify risks and opportunities that would result from US tariffs.
- Prioritize what needs to be done to limit the impact of risks and maximize opportunities.
There are some important questions to ask yourself when considering the potential impact of US tariffs, use this PDF download to walk you through the questions.
We recommend you focus on this sooner rather than later. If you have questions, reach out to us.