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July 29, 2026 • 1-minute read
Vinson & Elkins Partner Joyce Adetutu shared insights with Yahoo! Finance on the potential impact of President Trump’s proposed tariffs on Canada, urging potentially affected companies to take the threat seriously but not overreact.
Adetutu noted that Trump has demonstrated a willingness to negotiate both before and after imposing tariffs, meaning businesses should prepare for short-term costs without necessarily overhauling their supply chains. She advised that “it may not be critical at this juncture to reconsider supply chain entirely pending further discussions.” She also highlighted that the proposed tariffs would apply even to goods previously exempted under the US-Mexico-Canada Agreement, marking a significant escalation.
Read more here.
Joyce Adetutu is a partner in Vinson & Elkins’ Export Controls & Economic Sanctions and National Security Reviews (CFIUS) practice group. She advises clients on international trade, export controls, sanctions, and customs matters, including compliance with evolving trade regulations and geopolitical developments affecting global commerce.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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