The legal fight over tariffs remains, as the CIT denies a Section 122 tariff stay. President Trump originally imposed the Section 122 tariffs as a response to the Supreme Court striking down the IEEPA tariffs. On May 7, the Court of International Trade (CIT) ruled...
Trade between the US and the European Union (EU) may soon benefit as the EU finalizes a US trade deal. On May 20, European Commission President Ursula von der Leyen announced a provisional agreement to remove duties on US goods. Likewise, the US agreed to maintain a...
Section 122 tariffs ruled illegal following a decision by the Court of International Trade (CIT). On May 7, the CIT announced that President Trump’s Section 122 tariffs were unlawful and harmful to businesses. Enacted by the Trump Administration in February 2026, the...
Importers into the US could soon receive payments with the first wave of tariff refunds starting May 12. Following the Court’s striking down of Trump’s International Emergency Economic Powers Act (IEEPA) tariffs, the Customs and Border Protection (CBP) began...
As international shipping continues to shift, the industry can soon see Canada leading the BRICS economy. This is a group of emerging economies comprising ten countries, including Brazil, China, Russia, India, and others. Over the last few years, this market has expanded, now accounting for 40% of the global economy. Although Canada is not a part of BRICS, Canada’s largest trading partners are in the group, including China and India. As Canada continues to expand its trade, the concurrent growth of countries in the group may significantly impact shipping.
While not being a member of BRICS, Canada’s primary exports are to countries in the bloc. A popular commodity that Canada exports is wheat, and it is the world’s third-largest shipper. With Canada as a major trader in BRICS, the country could soon account for 44% of the world’s grain consumption. Canadian exporters also benefit from fast-growing consumer markets in energy, critical minerals, and agriculture. The BRICS push for reduced reliance on the US dollar and greater economic cooperation will also lead to growth opportunities.
The reliance on Canadian exports may continue to rise as BRICS reshapes global trade. US tariffs on Canadian imports could further prompt Canadian shippers to diversify their supply chains to countries in the group. Coincidentally, imports into the US from Canada may also increase, as both countries remain significant trade partners. Maintaining trade relations with the US while engaging pragmatically with BRICS economies will expand Canada’s global presence.
As Canada becomes a major player in global trade, imports and exports between the US and Canada could increase. Despite the opportunities for international shipping, shippers may face risks when starting. An ideal way to prepare is by coordinating with a 3PL (Third-Party Logistics) Provider. 3PLs provide a range of supply chain logistics services, including international and domestic shipping, customs clearance, warehousing, and more. Reach A1 Worldwide Logistics at info@a1wwl.com or 305-425-9752 to learn about our solutions for ensuring your shipment’s success.
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