Beginning (with some exceptions as indicated below) with cargo exported on or after August 7, 2025, new tariff rates are taking effect under a presidential executive order—representing one of the largest restructurings of U.S. trade policy in years. Tariff rates now range from 10% to 41%, depending on country of origin. These changes impact nearly...
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VIEW POST HERE | SUBSCRIBE TO NEWSLETTER HERE Understanding the Latest Trade Tariff Updates: IEEPA, China, Steel & Aluminum As global trade regulations evolve, staying informed is crucial to maintaining compliance and minimizing financial impact. The following updates provide essential details on the latest tariff changes, including IEEPA tariffs on Mexico and Canada, increased tariffs...
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VIEW POST HERE | SUBSCRIBE TO NEWSLETTER HERE We want to keep you informed about the latest tariff developments that may impact your imports. Effective Tuesday, February 4, 2025, at 12:01 a.m. EST, new tariffs will be imposed under the International Emergency Economic Powers Act (IEEPA) as follows: Key Tariff Updates 25% tariffs on imports from Canada and...
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The Office of the U.S. Trade Representative (USTR) announced it will extend the currently scheduled expiration date of 352 China 301 tariff exclusions that had been reinstated earlier this year. Instead of expiring on December 31, 2022, the affected exclusions will remain in effect through September 30, 2023. The impacted items, which cover specified items...
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