On Saturday, February 1, President Trump signed an executive order to put abrupt sweeping tariffs on America's closest trading partners, Canada and Mexico, and increase tariffs on all products imported from China. . Canada has released a retaliation list aimed at US exports of over $100. Mexico said it will retaliate soon. The companies scrambled to respond. Then on Monday, February 3, Mexico was given 30 days of reprieve. Later that day, Canada also received 30 days of reprieve.
But the board should not breathe easily yet. There is no doubt that, and when these unprecedented tariffs will be enforced, US importers and consumers will literally pay the price. How will this come out? In this dramatic situation, what can companies do to minimize risk and maximize opportunities (if any)? To answer these and other questions, CBM Network invites you to an exclusive board briefing led by Michael McCado, Partner and Director of Global Trade & Investment at Boston Consulting Group.
For over 25 years, Michael has worked at the intersection of business, policy and international relations. He is a C-Sweet Executive at Bombardier, an advisor to the Canadian Prime Minister, and is a consultant for companies and executives in the United States, Mexico and Canada. He lives and works in all three USMCA countries, including managing production facilities in Mexico. Additionally, he is the Director of ACCD Master Pro and serves on the board of ICICI Bank, Canada.
