Jessica Horwitz comments in Law Times (subscription required) on why Canadian businesses should examine their products and consider available government assistance programs to weather the uncertainty of the ongoing trade battle between Canada and the United States over steel and aluminum products.
Jessica says that companies may want to consider:
- Writing into their contracts that they will only purchase goods not made in the United States; and
- Splitting the surtaxes with the vendor or writing clauses that will allow for them to adjust prices based on what happens in the futur.e
“This area of law is changing fairly quickly and is very politically driven,” Jessica says. “Things could change with very little notice.”