Tariffs on Canada, Mexico, and China
On March 4, 2025, the United States will implement previously suspended tariffs on imports from Canada and Mexico, as well as new tariffs on Chinese imports, marking a significant escalation in trade tensions under the Trump administration. The 25% tariffs on Canadian and Mexican goods and an additional 10% tariff on Chinese imports (on top of the previously announced 10% tariff) are being imposed as part of the administration’s efforts to curb drug trafficking and illegal immigration. In a parallel move, President Trump has also initiated a Section 232 national security investigation into copper imports, which could lead to future tariffs or trade restrictions on raw and refined copper, alloys, scrap, and derivative products. The copper probe, announced via executive order on February 25, 2025, underscores the administration’s push to onshore materials and follows the expansion of?steel and aluminum tariffs?earlier this year.- Canada:?A 25% tariff will apply to all imports from Canada, with a lower 10% rate for “energy or energy resources,” including crude oil, natural gas, and critical minerals. However, President Trump has indicated that tariffs on Canadian energy may increase. The order does not specify covered HTSUS codes but suggests a broad application to all non-energy imports, with further details expected in a Federal Register notice. Canada has threatened tariff retaliation on a broad range of imports from the United States.
- Mexico:?A 25% tariff will apply to all imports from Mexico, with no reduced rate for energy or energy-related products. Similar to Canada, the order does not provide a full list of affected HTSUS codes but implies coverage of all imported merchandise. Further details, including the new HTSUS chapter 99 special tariff number, will be published in a forthcoming Federal Register notice. As with Canada, Mexico has threatened tariff retaliation on a broad range of imports from the United States.
- China:?A 10% supplemental tariff will apply to all imports from China, in addition to existing duties, creating an aggregate 20% tariff on all Chinese imports. The order does not provide a detailed list of affected HTSUS codes but suggests comprehensive coverage of all Chinese imports. The additional tariffs will apply only to products classified as originating from China (ISO Country Code CN) and will not extend to goods from Hong Kong (HK) or Macau (MO). Additional implementation details are expected in a future Federal Register notice. China, too, has threatened tariff retaliation on a broad range of imports from the United States.
https://www.jdsupra.com/legalnews/upcoming-tariffs-on-canada-mexico-and-8087325/
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