March 2025

UPDATE:  After a 24-hour back and forth, President Donald Trump announced late on Tuesday evening that the U.S. would not impose an escalated 50% tariff on Canadian steel and aluminum Tuesday.  This announcement was made after the Government of Ontario also backed down and called off its efforts to impose a surcharge on electricity exports

On Tuesday, the U.S. government began investigating China’s dominance in the shipbuilding industry. The House Armed Services Subcommittee on Seapower and Projection Forces is holding a hearing on U.S. shipbuilding, with a public hearing by the Office of the United States Trade Representative scheduled for March 24.

In addition to the service fee imposed on port

This blog post covers trade developments occurring during the seventh week of the new Trump Administration. It covers events occurring through 12:00 pm Eastern time on Friday, March 7.

Import-Related Developments

IEEPA Tariffs on Canada and Mexico Take Effect March 4 but Modified Two Days Later

The tariffs imposed by President Trump on Canada and

On March 6, 2025, President Trump announced the amendment of the Executive Orders issued on February 2, 2025 imposing tariffs on Canada and Mexico to exclude goods that qualify for preferential treatment under the United States-Mexico-Canada Free Trade Agreement (USMCA).  In addition, the amendment on the Executive Order against Canada includes a reduction in the

Canada

In response to President Trump imposing 25% tariffs on imports from Canada as previously reported here, the Canadian Government announced retaliatory tariffs against imports from the United States. Canada announced 25% tariffs on $30 billion worth of U.S. products effective Tuesday, March 4. The list of tariff codes subject to the additional tariff

On March 3, 2025, the Department of Commerce (Commerce) released advanced Federal Register notices providing modifications to the Harmonized Tariff Schedule of the United States (HTSUS) in order to implement the steel and aluminum tariffs announced by the President on February 10, 2025.  Our prior update on these tariffs and the products affected are

Customs Provides Guidance on New Tariff Subheadings Applicable to Canada and Mexico Tariffs, De Minimis Treatment Will Temporarily Remain Available

On March 3, 2025, U.S. Customs and Border Protection (Customs) issued two notices providing guidance on the implementation of the previously announced tariffs on imports from Canada and Mexico. The notices also provide the