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01 04 2025

  • Reuters
  • The White House

U.S. Enacts 25% Tariffs on Vehicles & Light Trucks

The Trump administration will impose a 25% tariff on imported passenger vehicles, light trucks, and key automobile parts (engines, transmissions, electrical components, etc.), with processes to expand these tariffs on additional parts if necessary.

  • The tariffs on automobiles will be effective from 12:01 a.m. ET on April 3rd.
  • The tariffs on automobile parts will be effective on the date specified in the Federal Register, but no later than May 3rd.

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13 03 2025

    Canada Implements 25% Surtax on U.S. Steel & Aluminum Goods

    Effective March 13, 2025, steel, aluminum and certain other goods imported into Canada and originating in the U.S. are subject to a surtax of 25%. 

    Canada’s countermeasures do not apply to U.S. goods that are in transit to Canada on the day on which they come into force. Additional details on the administration of these tariffs are available on the Canada Border Services Agency (CBSA) website.

     

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    06 03 2025

    • CNBC
    • NCBFAA

    USMCA Goods Exempt from Tariffs Until April 2

    Mexico and Canada will not be subject to 25% tariffs if the goods already qualify under the U.S.-Mexico-Canada Agreement (USMCA). 

    U.S. President Donald Trump granted temporary tariff exemptions (until 2 April 2025) for Canadian and Mexican goods covered by USMCA, although Trump’s tariffs will still apply to about 50% of Mexican imports and >60% of Canadian goods.

     

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    Ocean freight port operations customs compliance container yard security fence.

    03 03 2025

    • ABC News
    • The White House

    Mexico/Canada Tariffs Start March 4th

    U.S. President Donald Trump set March 4th as the start date for 25% tariffs on imports from Mexico and Canada, as well as an additional 10% tariff on Chinese goods.

    Additionally, on March 2nd, Trump issued executive orders that postponed the removal of de minimis for Canada and Mexico.

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    14 02 2025

    • The White House
    • Time

    U.S. Places 25% Tariffs on Steel & Aluminum

    On 12 March 2025, all countries will be subject to 25% tariffs on steel and aluminum products and specified derivative products imported into the United States. No duty drawbacks will be allowed on these tariffs. 

    All previous steel and aluminum agreements with trading partners, including Argentina, Australia, Brazil, Canada, EU, Japan, Mexico, S. Korea, Ukraine, the U.A.E., or the U.K., will be canceled effective March 12th. A 50% tariff will be applied to steel products and derivatives from Turkey.

    No exclusions or exemptions will be issued effective February 11, and all generally approved exclusions shall terminate on March 12. However, if an importer has an existing exclusion for steel or aluminum products, the Commerce Department has issued a notice that the exclusion is effective until the expiration date or until their excluded volume is exhausted, whichever occurs first.

    • Additionally, on 14 February 2025, the Trump administration released the list of “derivative” products that will be subject to the 25% steel and aluminum tariffs under Section 232. The specific HTS subheadings are available here (steel) and here (aluminum). Tariffs on derivatives will not take effect until the Secretary of Commerce certifies that adequate systems are in place to collect tariff revenues for these products. There is no target date set for the Secretary’s certification.

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    10 02 2025

    • Forbes
    • CNBC

    Trump Reverses Decision, Allows De Minimus from China to Keep Flowing

    Trump signed an executive order allowing low-value products from China to continue coming into the U.S. without additional charges, a reversal of his earlier decision to eliminate the de minimis loophole. The sudden reversal reiterates the uncertainty and volatility that companies and industries will face during Trump’s second term as President.

    The de minimis exception has been used by many e-commerce companies to send goods worth <$800 into the U.S. duty-free, creating a competitive advantage.

     

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    03 02 2025

    • Bloomberg
    • U.S. Customs & Border Protection

    Trump Pauses Tariffs on Canada/Mexico for 30 Days

    U.S. President Donald Trump imposed 25% duties on Canada and Mexico—with a partial exemption for Canadian energy and oil exports—and 10% on goods from China. After recent discussions with Canadian and Mexican leadership, both countries’ tariffs have been paused for 30 days as they work to meet the United States’ demands. 

    A 10% levy on certain China products will take effect at 12:01 a.m. Easter Standard Time (EST) on Tuesday, February 4th, unless a deal is made. Additionally, there will be no Section 321/ de minimis (<$800) shipments allowed for products from China. Customs and Border Protection (CBP) has already provided guidance regarding the implementation of the Chinese tariffs.

    Image source: Bonnie Cash/UPI/Bloomberg.

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