On May 15, 2025, U.S. Customs and Border Protection (“CBP”) issued further guidance via the Cargo Systems Messaging Service (“CSMS”) for determining the order in which the various tariffs will apply to an article when that article is subject to more than one of the tariff actions identified in Executive Order (“EO”) 14289 (90
Following President Trump’s imposition of a 25% tariff on steel and aluminum products from various countries, including Canada, on March 12, the Canadian government announced its countermeasures. Effective today, March 13, these measures impose additional surtaxes targeting CAD $29.8 billion worth of goods originating from the United States.
The tariffs are designed to be reciprocal
As previously reported, on February 10, 2025, President Trump issued Proclamations 10895 and 10896, making significant changes to the existing measures imposed on imports of aluminum and steel on national security grounds pursuant to Section 232 of the Trade Expansion Act of 1962. Among other changes, the Proclamations added to the list of so-called “derivative”
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
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
Tariff News
Aluminum and Steel Orders
Earlier, we discussed President Trump’s proclamations on aluminum and steel imports, which raised the tariff rate to 25 percent on imports of aluminum and steel (and certain derivatives thereof) under Section 232 of the Trade Expansion Act of 1962 (as amended, 19 U.S.C. 1862). Last week’s proclamations also removed
On February 14, 2025, the White House released Annex I of the February 10, 2025 Proclamations expanding the Section 232 duties to cover certain additional derivative products of steel and aluminum. The additional derivative products are identified by Harmonized Tariff Schedule of the United States (“HTSUS”) code in each annex.
As discussed in our
On Monday, February 10, 2025, President Trump signed Proclamations imposing 25 percent on all imports of steel and increasing the duty rate from 10 to 25 percent for all imports of aluminum into the United States pursuant to Section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862). Drawback will not
On Sunday, February 9, 2024, President Trump announced to a group of reporters aboard Air Force One that he intended to impose universal tariffs of 25 percent on all imports of steel and aluminum into the United States on Monday, February 10. President Trump also indicated that he intends to announce a regime of “reciprocal
On January 20, 2025, within hours of taking the oath of office, President Trump signed an executive order (EO) entitled the America First Trade Policy. As anticipated, the EO directs the Department of Commerce, Department of Treasury, Office of the United States Trade Representative and other agencies to examine a host of issues some