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The Effect of Tariffs on International Energy Trade

Gain clarity on how recent tariffs, legal battles, and shifting global policies are reshaping North American energy trade. Uncover strategies to navigate risks and leverage opportunities in

Created byNextGen Accounting Education
BeginnerUpdated Dec 3, 2025
The Effect of Tariffs on International Energy Trade

What You'll Learn

check_circleAnalyze the impact of tariffs on energy trade.
check_circleEvaluate tariff structures on crude oil, LNG, and electricity.
check_circleAssess the legal authority for imposing tariffs.
check_circleQuantify trade restriction using the ITC Model.
check_circleFormulate strategies for energy trade diversification.
check_circleForecast economic outcomes like stagpression from tariffs.

About This Course

Explore the intricate world of international energy trade in "The Effect of Tariffs on International Energy Trade." This course provides a rigorous examination of the regulatory, legal, and economic dimensions of recent protectionist measures, with a primary focus on the 2025 trade hostilities between the United States and Canada.

You will gain a comprehensive understanding of how executive orders and tariff structures reshape the North American energy landscape, impacting crucial commodities like crude oil, liquefied natural gas, and electricity. We delve into legal authorities such as the International Emergency Economic Powers Act and analyze the International Trade Closeness Model to quantify the effects of trade restrictions.

Key learning outcomes include:

  • Understanding the historical and legal evolution of US trade policies and the novel application of emergency powers.
  • Analyzing the US-Canada trade conflict timeline, specific tariff structures, and reciprocal government responses, including retaliatory measures from Canadian provinces.
  • Investigating the legal frameworks of CUSMA (USMCA) and WTO rules, and the challenges of dispute settlement under national security exceptions.
  • Applying the International Trade Closeness Model to measure and visualize the impact of tariffs on major sectors (agriculture, manufacturing, heavy industry, services).
  • Assessing the implications of internal Canadian trade barriers and the complexities of interprovincial energy regulation.
  • Forecasting economic outcomes such as stagpression and the strategic shift towards geographical economic compartmentalization.
  • Developing strategies for export diversification and internal market reform to enhance Canada's energy sector resilience.

Join us to dissect the global ramifications of these trade dynamics, compare North American strategies with those of Europe and China, and synthesize complex factors to forecast future economic outcomes in the energy sector.

Your Instructor

NextGen Accounting Education
NextGen Accounting Education
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NextGen Accounting Education delivers forward-looking CPD courses that address the disruptive trends shaping the Canadian accounting profession. We focus on AI-driven workflows, generational change, climate-related taxation, global trade policies, and federal budgeting. Our mission is to empower CPAs with the analytical and technological capabilities required in a fast-evolving economy.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

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We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.