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 March 1, 2025, President Trump issued an Executive Order directing the U.S. Department of Commerce (“Commerce”) to initiate a Section 232 investigation into imports of timber, lumber, and their derivative products. This is the same law that was used to impose additional tariffs on imports of steel, aluminum, and their derivative products.
The full
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
Tariff News
IEEPA Tariffs on China, Mexico, and Canada
We previously covered President Trump’s IEEPA tariffs and the various retaliatory tariff and nontariff countermeasures announced by each country in separate posts. Currently, the Mexico and Canada tariffs have been paused until March 10, and only the 10% tariffs on China are in effect.
Removal and
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
Following President Trump’s removal of the de minimis exemption earlier this week, on Friday, February 7, 2025, President Trump issued an amendment to his original Executive Order and temporarily reinstated the exemption until “notification by the Secretary of Commerce to the President that adequate systems are in place to fully and expediently process and collect
Husch Blackwell sent an update on this development on February 3. Read our legal update to discover the latest regarding President Trump’s tariffs on Canada, Mexico, and China.
In response to the tariffs imposed by President Trump on Canada, Mexico, and China on February 1, 2025 under the International Emergency Economic Powers Act (IEEPA), each