The past few weeks have been filled with uncertainty trying to navigate the latest tariff announcements and changes. We understand the complexity and we are here to help. Below is a summary of the changes to the Canada & Mexico tariffs. The below changes went into...
The federal register released updated notices on the upcoming aluminum and steel tariffs. These changes introduce a 25% additional tariff on aluminum and steel products from all countries, with specific exclusions and requirements outlined below. Notably, the tariffs...
As of March 4, 2025, several countries have imposed retaliatory tariffs and trade restrictions in response to recent U.S. tariff increases. Below is a summary of these measures: Canada: Tariffs Imposed: Effective immediately, Canada has implemented 25% tariffs on...
The 25% tariffs on most Canadian & Mexican imports took effect at 12:01 a.m. ET on March 4, 2025, following a one-month delay for both countries to address border security concerns. Not long after the tariffs went into effect, the U.S. administration issued a...
The new administration has confirmed that 25% tariffs on most Canadian & Mexican imports will take effect on March 4, following a one-month delay for both countries to address border security concerns. Details are outlined below and are subject to change. 25%...
The annexes at the end of the federal register notices below provide details about the aluminum derivatives and steel derivatives that will be subject to additional tariffs. Importers will pay additional duty on the aluminum steel content of the items that are not...
The United States Trade Representative (USTR) announced plans to modify tariffs on Chinese goods in response to unfair trade practices. This follows a four-year review of the tariffs initially imposed under Section 301. Why the Change? The USTR concluded that while...
The United States Trade Representative (USTR) announced an extension for specific exclusions related to China in the Section 301 investigation. These exclusions, originally set to expire on May 31, 2024, will now have varying expiry dates. Some exclusions are extended...
Gatún Lake, crucial for the Panama Canal, is experiencing its lowest water level ever at the beginning of the dry season, affecting shipping traffic. An ongoing El Niño worsens the extreme drought, expected to last until May. The Panama Canal Authority has reduced...
