New 25% Tariffs on Autos, Light Trucks, and Auto Parts to begin on April 3rd or May 3rd
Yesterday, March 26, 2025, President Trump issued a proclamation announcing a planned 25% tariff on imports of automobiles, lights trucks, and certain vehicle parts under Section 232 of the Trade Expansion Act of 1962. The tariffs on automobiles and light trucks are scheduled to go into effect on April 3rd while the tariffs for certain vehicle parts are scheduled to go into effect no later than May 3rd. Automobiles that qualify for preferential treatment under USMCA may allow... Read More
Import Duties on Steel/Aluminum Products and Their Derivatives
As you may know, today began the 25% tariffs on steel/aluminum products and their derivatives coming into the US. These tariffs are in addition to other tariffs to which the product may be subject. Below is a very brief bullet point summary of how these tariffs work. 25% tariff on steel/aluminum products as a whole 25% tariff on the value of the steel/aluminum content of derivative products. If the value of the steel/aluminum content is the same as the entered value or is unknown,... Read More
Steel and Aluminum Tariffs to begin. Trump threatens to increase these tariffs for Canada
The 25% Steel and Aluminum tariffs are scheduled to begin at 9:01 p.m. PDT tonight 3/11/25 (that’s at 12:01 a.m. EDT tomorrow 3/12/25). For guidance on how these new tariffs will be implemented, please see US Customs’ CSMS # 64348411 for Steel and Steel Derivative Products and CSMS # 64348288 for Aluminum and Aluminum Derivative Products. Also, it is being reported in AP and Reuters, but not in official government sources yet, that President Trump is threatening to... Read More
Possible delay on the Canadian and Mexican tariffs
According to whitehouse.gov, President Trump today announced adjustments to tariffs imposed on Canada and Mexico. We have not seen anything from US Customs yet, but we will post the guidance when it becomes available. Below is a section from the Executive Order posted on whitehouse.gov that may shed some light on the matter. “Sec. 2. Product Coverage. (a) Articles that are entered free of duty as a good of Canada under the terms of general note 11 to the Harmonized... Read More
Additional China Tariff now at 20%
Starting at 12:01 a.m. Eastern time on 3/4/2025 (9:01 p.m. Pacific time on 3/3/2025), the additional China tariff increased from 10% to 20%. There are a few exemptions that do apply. Please see CSMS# 64299816 for guidance from US Customs and Border Protection. The de minimis exemption still applies for now and is subject to change. Read More
