Examples of political risk impacting on businesses in North America
Examples of political risk impacting on businesses in North America
President Of US Donald Trump Signs Proclamation Reimposing Tariffs On Some Canadian Aluminium Products Responding To Lobbying By Some American Aluminium Manufacturers To Stem Aluminium Imports To USA
Canada having just signed with America a new free trade agreement to avoid tariffs say they will retaliate with tariffs on USA products. Although some USA business groups say the new tariffs on Canadian aluminium will increase costs for USA businesses and consumers the political decision to impose tariffs has been taken.
Whether tariffs are right or wrong they are a political risk not just for North America but rest of the world.