Experts Matter. Find Yours.

Trump Holds Firm on Resolving Trade Deficit with China

Dr. Meena Bose, Hofstra University professor of political science, executive dean of the Public Policy and Public Service program, and director of the Kalikow Center for the Study of the American Presidency, was featured on Fox News Radio stations around the country, talking about President Trump’s unwillingness to negotiate with China on tariffs. He said that the United States’ trade deficit with China amounts to more than $1 trillion, and he’s not open to making a deal with them until that surplus is resolved. Dr. Bose appeared on WTVN in Columbus, OH; KFTK in St. Louis, MO; WFRK in Florence, SC; WILS in Lansing, MI; WBAP in Dallas, TX; WJR in Detroit, MI; and WHO Des Moines, IA.

Executive Order - Energy and Power Perspective

The tariffs imposed by the Executive Order (EO) are expected to significantly impact the energy and infrastructure sectors. New build energy projects in the United States heavily depend on importing components such as inverters, transformers, cabling, solar panels, mounting racks, and batteries from regions such as Southeast Asia, China, and the European Union. These tariffs are likely to affect all energy and infrastructure projects. We are seeing large capital projects across the United States impose caveats within their EPC contracts; allowing for steep and continual price adjustments upward. This is impacting billions of dollars of critical material and contractual obligated componentry. This also includes all materials with high volatility (steel, copper, aluminum). Not only are projects costs on the rise but so are supply chain disruptions, potentially causing delays in project timelines and/or project cancellations. The United States continues to grow in energy demand requirements, provided the vast deployment of data centers. Because of this grid reliability, modernization and new build implementation is critical in the coming decade. The tariffs are likely to have a large impact on these projects as well, given their requirement for componentry from all the regions impacted. As this situation continues to develop, the full implications and responses for the energy and infrastructure industry will become more apparent. Jeremy Erndt is a seasoned power development, engineering, and operations professional, with experience in power generation, infrastructure, and the sector with J.S. Held. He has led utility-scale power, transmission, port, and water projects from early development and conceptual design through NTP and eventual operation. He is an international development expert and supports a variety of programs for capital project development. Jeremy is a subject matter expert in project due diligence, engineering, and constructability for large-scale projects. Jeremy has been involved in various project-related and company mergers and acquisitions, thus providing a comprehensive track record and perspective of financial transactions at all stages. He has nearly two decades of experience in the development, engineering, construction, and operations of energy and infrastructure projects, spanning more than 30 GW within energy projects and over $60B of capital expenditures within infrastructure. Looking to know more or connect with Jeremy Erndt? Simply click on the expert's icon now to arrange an interview today. For any other media inquiries - contact : Kristi L. Stathis, J.S. Held +1 786 833 4864 Kristi.Stathis@JSHeld.com

Tariffs and Trade Series - The Potential Impacts of Tariffs and Global Trade Shifts

This is the first installment in a series examining the multifaceted impacts of tariff and trade policies. By delving into the nuances of these policies, we aim to provide valuable insights and perspectives that will inform strategic business decision-making and foster resilience in an increasingly volatile global market. Future papers in this series will explore the specific implications for key sectors such as agriculture, energy, and construction, offering targeted analysis and recommendations to help businesses navigate and thrive amidst evolving trade landscapes. The global trade landscape is experiencing rapid shifts driven by escalating tariffs, geopolitical realignments, and supply chain disruptions. In North America, businesses must navigate changing US trade policies, evolving trade agreements such as the United States-Mexico-Canada Agreement (USMCA), and the broader implications of international trade tensions. These developments may have significant economic implications which impact supply chains, regulatory compliance, financial strategies, and heighten geopolitical risk. Trade policies across the world are being redefined, with tariffs increasingly used as economic and political tools. The US, China, and the European Union are at the center of these shifts, reshaping global supply chains and trade routes. Businesses must reassess their sourcing strategies, financial models, and regulatory compliance efforts in response to these evolving dynamics. In North America, the US has intensified its use of tariffs, impacting trade with Canada, Mexico, and numerous global partners. While these policies aim to boost domestic industries, they have introduced supply chain challenges and regulatory complexities. As a result, companies must proactively adapt to maintain operational efficiency and financial stability. This article examines the challenges and opportunities that may arise from these trade shifts and provides insights for businesses to mitigate risks and maintain competitiveness. At J.S. Held, we help businesses navigate these challenges by providing insights into regulatory changes, trade risks, and strategic adaptations to ensure long-term resilience. "With the sweeping April 2 tariff announcement, U.S. trade policy has entered a new phase. One where national security, economic leverage, and regulatory unpredictability intersect. Businesses are now navigating not just targeted tariffs, but a universal cost layer that may touch nearly every sector. The urgency to adapt through exemption strategies, supply chain restructuring, and trade compliance has never been greater." The full report is accessible below, and is a must read for anyone covering the impacts of the tariffs announced by President Trump on April 02, 2025. Looking to know more or connect with Andrea Korney? Simply click on the expert's icon now to arrange an interview today. For any other media inquiries - contact : Kristi L. Stathis, J.S. Held +1 786 833 4864 Kristi.Stathis@JSHeld.com

Video Insights: Regulatory Impacts of Trump’s First 100 Days

Since taking office in January, President Trump’s administration has taken numerous actions that will impact the realm of environmental and sustainability regulations. Such rapid changes and inconsistencies are creating complications for companies accustomed to relying on clearly established legislative and regulatory road maps, but also potential opportunities that may materialize as a result. In this video, John Peiserich and Andrea Korney discuss how a surge of new legislation, resulting litigation, and factors such as changing tariffs and supply chains present both emerging risks and opportunities for stakeholders as they plan ahead past the new administration’s first 100 days. Looking to know more or connect with John Peiserich and Andrea Korney? Simply click on either expert's icon now to arrange an interview today.

Supply chain worries?

With a trade war that sees steep tariffs on imports from China, Canada and Mexico - various industries across the continent are scrambling to figure out how to conduct cross-border business in the wake of President Trump's new policies on trade. For many industries with production lines that crisscross the border, there's concerns about how to prosper or function in the future. Among Detroit brands, GM's Chevrolet and GMC pickups, along with Stellantis's Ram, are more exposed to Trump's taxes than Ford because both build large numbers of pickups in Mexico. Ford builds its F-series pickups in the United States - but also makes some truck engines in Canada, underscoring the web of economic interdependence among the three North America trading partners. Almost no American vehicle is made from solely American parts, industry research shows. Barclays bank analysts estimate that Mexico provides up to 40% of the parts in U.S. vehicles and Canada more than 20%. Suppliers say they will have to cover some of the tariff costs and will likely see an additional hit if consumer demand weakens from rising vehicle prices. Automakers and suppliers also worry about the effects of tariffs on vehicle components that bounce across borders before reaching their final destination. Companies worry that such parts could be taxed with every border crossing, although Trump has not clarified his policy in such cases. March 05 - Reuters Industry insiders are saying companies need to adapt their strategies immediately. To become more agile, companies are increasingly turning to advanced supply chain solutions. Modern platforms provide end-to-end visibility, helping businesses map complex, inter-connected supply chains made up of multiple tiers and assess risks associated with tariffs or regulatory changes. These tools enable companies to model the financial impact of different scenarios, offering data-driven insights for supplier diversification or regional sourcing strategies.  March 06- Supply Chain Management Review Despite the 30 day reprieve for automakers, companies are still waiting and figuring out how to adapt. If you're a journalist covering tariffs and the trade war and how the supply chain might be impacted, Steven Carnovale can help. Steven is a supply chain strategist specializing in interfirm networks, risk management and global sourcing/production networks. Steven is available to speak with media. Simply click on his icon now to arrange an interview today

The Battle Begins - How Long will Trump's Trade Wars Last Between China, Canada and Mexico?

It has begun.  March 04 signaled the first day of what could be a long and drawn out trade war between America and it's two closest neighbors and trading partners - Canada and Mexico. President Trump also doubled the tariff he slapped last month on Chinese products to 20%. Markets are reeling, politicians are scrambling and the world is watching to see how the tariffs on Mexican and Canadian imports will affect consumers and the economy. In Canada, the reaction was swift. Businesses pulled American bourbon, wine and other imported spirits from store shelves along. Canada also threatened to turn off imported power that keeps the lights on and factories running in states like Michigan, Minnesota and New York. As well, Canadian Prime Minister, Justin Trudeau announced  immediate retaliatory measures. Trudeau said Canada will not back down from a fight in the face of "completely bogus and completely unjustified" trade action that has the potential to ruin bilateral relations and prompt job losses, economic devastation and higher inflation on both sides of the border. Trudeau has already slapped tariffs on an initial tranche of $30 billion worth of American goods and promised $125 billion more will face levies in three weeks' time. He said more, non-tariff measures are coming if Trump doesn't immediately back down. Trudeau said Trump is doing something "very dumb" by attacking Canada like this, given there will be serious ramifications for American workers and consumers with higher prices on everything from food, car parts and fertilizers to pharmaceuticals and paper products.  March 04 - CBC News Meanwhile, there have been some indicators that President Trump may be willing to negotiate. President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped to a close for a second day of sharp declines, spurred at least in part by investors’ fears that Trump’s aggressive policies will ignite a crippling trade war. After his remarks, U.S. stock futures tied to all three major averages rose. The compromises with Canada and Mexico will likely be revealed as soon as Wednesday, Lutnick said on “Fox Business.” March 04- CNBC News There's a lot of speculation out there - and lingering questions: What key American industries will benefit, which ones will suffer? When and will consumers see price hikes at the stores? Will there be a lasting negative impact felt on the American economy? What does this mean for the USMCA that was currently in place? If you're a journalist covering tariffs and the trade war - then let us help. William J. Luther, Ph.D., is an associate professor of economics at Florida Atlantic University, director of the American Institute for Economic Research’s Sound Money Project, and an adjunct scholar with the Cato Institute’s Center for Monetary and Financial Alternatives William is available to speak with media. Simply click on his icon now to arrange an interview today

Trade Wars: Economic Strategy or Risky Gamble for the U.S.?

As global markets become increasingly interconnected, trade wars have emerged as a high-stakes economic strategy with far-reaching consequences. A potential trade conflict between the U.S., Canada, and Mexico—key partners in the North American supply chain—raises critical questions about economic growth, job security, and consumer prices. While proponents argue that tariffs and trade restrictions protect domestic industries, critics warn of rising costs, retaliatory measures, and disruptions to vital industries such as agriculture, manufacturing, and technology. Understanding the impact of trade wars is essential to assessing the future of North American economic relations, with key areas of interest including: The economic implications of tariffs on American businesses, workers, and consumers How a trade war with Canada and Mexico could impact the USMCA agreement and cross-border trade The industries most vulnerable to supply chain disruptions and retaliatory tariffs The historical impact of past trade wars on economic growth and stability The role of globalization and shifting alliances in modern trade policies Potential winners and losers: Which sectors stand to benefit, and which face economic hardship? This issue presents a timely and complex discussion about economic policy, international relations, and the future of North American trade. Connect with an expert about trade and trade wars: To search our full list of experts visit www.expertfile.com

Legality, Next Steps for Canadian Tariffs

Maurice A. Deane School of Law at Hofstra University Professor Julian Ku was quoted in The Globe and Mail article “The best hope for Canada in fighting a trade war with Trump may lie in U.S. courts." “Using IEEPA to impose tariffs has not been done before, so there has never been a court ruling on this question,” said Julian Ku, who studies the interaction of international law and U.S. constitutional law at Hofstra University. Mr. Trump has, however, argued that he is responding to external threats, citing the movement of fentanyl and illegal migrants to the U.S. from Canada, Mexico and China. That is likely to prove a potent defense, Prof. Ku said. “The court has also been deferential to the President on national-security matters, and the language of the statute is very broad, so it is far from clear which way the court would come down on this issue,” he said.

Tariffs are coming - and our experts can help with your coverage

The steel and aluminum industries are fundamental to the strength and stability of the U.S. economy, playing a critical role in infrastructure, manufacturing, and national security. These industries support millions of jobs, drive technological advancements, and serve as key components in everything from automobiles and construction to defense systems and clean energy. As global trade policies, sustainability efforts, and economic shifts impact these sectors, their significance continues to grow, making them a critical topic for public discourse. Journalists covering this issue can explore: The economic impact of steel and aluminum manufacturing on American jobs and industries Trade policies, tariffs, and their effects on domestic production and global competition The role of steel and aluminum in national security and defense manufacturing Innovations in sustainable metal production and efforts to reduce carbon emissions Supply chain challenges and how they affect construction, automotive, and technology sectors The future of American steel and aluminum in a rapidly evolving global economy This topic offers rich opportunities for coverage, highlighting the industries' influence on economic stability, innovation, and national security. Connect with an expert about the aluminum and steel industries: To search our full list of experts visit www.expertfile.com

ExpertSpotlight: Tariffs and Trade Wars

Tariffs and trade wars have long been powerful tools in international relations, influencing everything from consumer prices to global supply chains. As nations impose duties on imports and retaliate with countermeasures, economies can experience ripple effects that impact businesses, jobs, and everyday consumers. Understanding how tariffs work and why trade wars escalate is essential for grasping the complexities of global commerce and national economic policies. With ongoing disputes between major economies, this topic remains highly relevant to the public. Key story angles include: What Are Tariffs and How Do They Work? A breakdown of tariffs, their purpose, and their impact on industries and consumers. Historical Trade Wars and Their Consequences: Examining past trade disputes, their economic fallout, and lessons learned. U.S.-China Trade Relations: Analyzing the impact of tariffs between the world’s two largest economies and their influence on global markets. The Role of Tariffs in Domestic Job Creation: Investigating whether tariffs protect local industries or lead to unintended economic consequences. How Trade Wars Affect Everyday Consumers: Exploring how tariffs on goods like electronics, food, and automobiles translate to higher prices. The Future of Global Trade Agreements: Discussing potential shifts in international trade policies and their implications for businesses and governments. As countries navigate economic policies in an increasingly interconnected world, tariffs and trade wars remain central to discussions on financial stability, political strategy, and economic growth. Connect with an expert about trade and tariffs: To search our full list of experts visit www.expertfile.com