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Securing the Future: 9 Ways to Help Your Business Adapt to New U.S. Policies

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Overview

New Regulations and Policies of the Trump Administration: Are You Ready?

Fasken has developed a guide titled Securing the Future: 9 Ways to Help Your Business Adapt to New U.S. Policies.

DOWNLOAD THE GUIDE (PDF)

Summarizing the key concerns of the business community, the guide provides companies operating in Quebec with recommendations on how to navigate the new regulations and policies of the Trump administration.

Resources 

Government Measures for Companies Impacted by Tariffs

Tariff Timeline

This guide does not constitute legal advice. It is intended to provide general guidance, which should be followed up with advice tailored to your specific situation.

Excerpt From the Guide: Tariffs - Your Questions, Our Answers

Are you concerned that the new U.S. tariff policies may impact your cross-border operations? Here are the answers from our lawyers to your questions.

1. How will the new U.S. trade policies affect cross-border trade?

Customs contrais will be stricter, which will lead to additional customs clearance delays. You will also have to comply with new administrative and documentary requirements to prove the origin of goods and compliance with new tariff policies.

2. How will changing tariffs affect production costs and sale prices?

Businesses operating in Québec and exporting to the United States will face administrative costs in connection with managing customs formalities. These additional costs may increase the total cost of producing the goods. To offset the additional costs, businesses may be forced to raise the prices of products sold in the U.S.

3. Who will bear the costs of the new tariff policies?

Costs related to the new tariff policies will primarily be borne by U.S. importing companies. When importing Canadian products, U.S. importing companies will have to pay the tariffs. These additional costs will then be passed on to U.S. consumers in the form of higher prices.

4. How will the new tariff policies affect our cash flow, given the payment terms we have negotiated with our customers?

The new tariff policies could have a significant impact on your cash flow. Additional tariff-related costs could reduce your profit margins and increase your working capital requirements. If the payment terms with your customers do not allow you to quickly offset these costs, you could experience cash flow pressures. lt is therefore essential to review your terms of payment and negotiate more favourable conditions to mitigate the impact of any tariffs.

Authors

  • Raymond Chrétien, CC, Partner | Strategic Advisor | Corporate/Commercial, Montréal, QC, +1 514 397 5230, [email protected]
  • Éric Bédard, Partner | Partner and Leader, Strategic Advisory Services, Montréal, QC, +1 514 397 4314, [email protected]
  • François Brais, Partner | Managing Partner, Québec Region, Montréal, QC, +1 514 397 5161, [email protected]
  • Vincent Girard, Partner | Managing Partner, Québec Office, Québec, QC, +1 418 640 2020, [email protected]
  • Anne-Marie Naud, Partner | Leader, Corporate/Commercial Group | Co-Leader, Agribusiness, Food & Beverage Group, Québec, QC, +1 418 640 2009, [email protected]
  • Jean-Philippe Mikus, Partner | Trademark Agent | Intellectual Property, Montréal, QC, +1 514 397 5176, [email protected]
  • Magali Cournoyer-Proulx, Partner | Labour, Employment & Human Rights, Montréal, QC, +1 514 397 5266, [email protected]
  • Jocelyn Auger, Partner | Information Technology, Montréal, QC, +1 514 397 7694, [email protected]
  • Carl Bélanger, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 4332, [email protected]
  • Henrick Simard, Partner | Corporate/Commercial, Québec, QC, +1 418 640 2004, [email protected]
Raymond Chrétien Associé/Partner Montréal Raymond Chrétien, CC Partner | Strategic Advisor | Corporate/Commercial Montréal, QC +1 514 397 5230
Éric Bédard, Partner | Partner and Leader, Strategic Advisory Services Éric Bédard Partner | Partner and Leader, Strategic Advisory Services Montréal, QC +1 514 397 4314
François Brais, Partner | Managing Partner, Québec Region François Brais Partner | Managing Partner, Québec Region Montréal, QC +1 514 397 5161
Vincent Girard, Partner | Managing Partner, Québec Office Vincent Girard Partner | Managing Partner, Québec Office Québec, QC +1 418 640 2020
Anne-Marie Naud, Partner | Leader, Corporate/Commercial Group | Co-Leader, Agribusiness, Food & Beverage Group Anne-Marie Naud Partner | Leader, Corporate/Commercial Group | Co-Leader, Agribusiness, Food & Beverage Group Québec, QC +1 418 640 2009
Jean-Philippe Mikus Intellectual Property Lawyer in Montréal Jean-Philippe Mikus Partner | Trademark Agent | Intellectual Property Montréal, QC +1 514 397 5176
Magali Cournoyer-Proulx, Partner | Labour, Employment & Human Rights Magali Cournoyer-Proulx Partner | Labour, Employment & Human Rights Montréal, QC +1 514 397 5266
Jocelyn Auger, Partner | Information Technology Jocelyn Auger Partner | Information Technology Montréal, QC +1 514 397 7694
Carl Bélanger Carl Bélanger Partner | Corporate/Commercial Montréal, QC +1 514 397 4332
Henrick Simard, Partner | Corporate/Commercial Henrick Simard Partner | Corporate/Commercial Québec, QC +1 418 640 2004
Sébastien Roy Associé/Partner Québec Sébastien Roy Partner | Trademark Agent | Intellectual Property Québec, QC +1 418 640 2073
Kateri-Anne Grenier Kateri-Anne Grenier Partner | CO-LEADER, PRIVACY & CYBERSECURITY Québec, QC +1 418 640 2040
Annie Bernard Montréal Partner/Associée Annie Bernard Partner | Construction Law Montréal, QC +1 514 397 5175
Pierre-Olivier Charlebois Associé/Partner Montréal Pierre-Olivier Charlebois Partner | Co-Leader, Energy and Climate Montréal, QC +1 514 397 5291
Mathieu Leblanc-Gagnon, Partner | Construction Law Mathieu Leblanc-Gagnon Partner | Construction Law Québec, QC +1 418 640 2036
Paul Cabana Paul Cabana Partner | Tax Law Montréal, QC +1 514 397 5213
Julie Uzan-Naulin | Privacy & Cybersecurity Lawyer in Montréal Julie Uzan-Naulin Partner | Privacy and Cybersecurity Law Montréal, QC +1 514 871 5967
Jean-Philippe Therriault Avocate/Associate Montréal Jean-Philippe Therriault Partner | Environmental Montréal, QC +1 514 397 5103
Stephanie Heinsohn-Spiropoulos, Associate | Team Lead, Immigration for the Québec Region Stephanie Heinsohn-Spiropoulos Associate | Team Lead, Immigration for the Québec Region Montréal, QC +1 514 657 2769

    You might be interested in...

    • Securing the Future: Tariff Timeline, 3/11/2025
    • Securing the Future: Government Measures for Companies Impacted by Tariffs, 3/14/2025
    Securing the Future: Tariff Timeline Securing the Future: Tariff Timeline Tariffs play a key role in international trade relations, directly influencing the industries and economies of the countries involved. The following timeline maps out the key events related to tariff measures introduced by Canada and the United States. From the initial tariff announcement to subs... Read more
    Securing the Future: Government Measures for Companies Impacted by Tariffs Resource Securing the Future: Government Measures for Companies Impacted by Tariffs In this period of instability caused by U.S. tariffs, businesses operating in Québec can rely on a range of support measures specifically designed to help them adapt, strengthen their competitiveness and diversify their markets. Read more

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