We welcome back trade experts Will Pellerin and Tayler Farrell from McMillan unveil the critical shifts in Canada's international trade strategy following the recent election of Prime Minister Mark Carney.

With escalating US tariffs, complex global trade tensions, and a rapidly changing economic landscape, Canadian businesses are facing unprecedented challenges and opportunities in international markets.

Key Trade Insights:

1. US-Canada Trade Dynamics

- USMCA agreement under intense scrutiny

- Potential wholesale renegotiation of trade terms

- Strategic approach to managing US tariff pressures

- Critical focus on maintaining and developing business relationships

1. Trade Diversification Strategy

- Exploring new international partnerships

- Reducing interprovincial trade barriers

- Targeting markets beyond traditional US relationships

- Leveraging immigration networks for market expansion

1. Tariff Navigation Tactics

- Understanding complex tariff classifications

- Utilizing remission orders and customs exceptions

- Developing scenario planning for multinational businesses

- Adapting to rapidly changing trade regulations

Expert Quotes That Matter:

"We're very close to the bottom right now. Things can only look up." - Will Pellerin

Connect with Will: https://mcmillan.ca/people/william-pellerin/

"Trade diversification means exploring new partners, reducing interprovincial barriers, and cutting regulatory burden." - Tayler Farrell

Connect with Tayler: https://mcmillan.ca/people/tayler-farrell/

Connect with Warrington: https://www.linkedin.com/in/warringtonellacott/

Don't Miss: The Canadian Association of Importers and Exporters' Annual Trade Summit in November, focusing on actionable trade diversification strategies! https://www.iecanada.com/fall-summit

In the midst of all this chaos, education is your best ally. Access Exclusive Resources Here ⏬

Recommended Resources: Check out these courses we offer here at GTC! 👀🌎 📩Importing https://globaltrainingcenter.com/importing-procedures/

😵‍💫Tariff Classification https://globaltrainingcenter.com/tariff-classification/

🗺️Country of Origin https://globaltrainingcenter.com/country-of-origin/

👓🧠Surround yourself with other trade professionals: Join our Trade Geeks Community! https://globaltrainingcenter.com/trade-geeks/

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Contact Us/ Suggest Topics Contact: SimplyTrade@GlobalTrainingCenter.com

Credits:

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/

Co-Producer/Editor: Mara Marquez: https://www.linkedin.com/in/maramarquez85/