Nat Halvorson Discusses Evolving US Trade Policy in Global Trade Magazine
Nat Halvorson, a partner in Baker McKenzie's International Trade Practice, has authored an article in Global Trade Magazine examining the emergence of a new U.S. trade architecture and the policies shaping it. Halvorson's analysis focuses on how longstanding trade authorities, tariff measures, and evolving trade agreements are influencing the direction of U.S. trade policy, thereby establishing a new baseline for businesses operating globally. He explains that tariffs are increasingly being viewed as a structural feature of the commercial environment rather than a temporary policy tool. This shift is prompting companies to reassess their supply chains, sourcing strategies, and production locations. Additionally, Halvorson discusses the evolving role of the USMCA (United States-Mexico-Canada Agreement), suggesting that ongoing reviews and negotiations may transform it into a more dynamic framework for managing trade relations among the three North American nations.