Following the latest of a number of tariff-related announcements, President Donald Trump has officially confirmed that 25 percent tariffs will be imposed on all steel and aluminium imports into the US beginning March 12, 2025. The tariffs will also be expanded to include derivative steel articles once the Department of Commerce has implemented “adequate systems” to collect the tariffs on such articles. These blanket tariffs will apply to all imports into the US, regardless of…
President Trump signed an executive order on February 7, 2025, temporarily suspending the prohibition against products from China being imported duty- and tax-free under the de minimis exemption for low-value imports. The executive order amends the February 1, 2025, executive order imposing 10% tariffs on all imports of Chinese-origin goods that became effective on February 4, 2025. This latest executive order follows significant confusion as the February 1, 2025, executive order went into effect, with…
US tariffs on imports of Chinese-origin products went into effect at 12.01am ET on February 4, 2025, with 10% duties being imposed on all imports of Chinese-origin goods. The executive order implementing the tariffs directs that in addition to imposing 10% tariffs on all goods of Chinese origin, low-value shipments of Chinese-origin goods are no longer eligible for duty-free entry under Section 321 of the Tariff Act of 1930 (19 USC 1321), significantly impacting e-commerce…
In a recent U-turn, President Donald Trump has announced a 30-day pause on tariffs for Canada and Mexico, which were imposed via executive orders signed on February 1, 2025. President Trump had justified the imposition of the tariffs by stating that Canada and Mexico had failed to stem illegal immigration into the US, as well as prevent fentanyl from being imported into the country. Our update regarding the pause on U.S. tariffs to be imposed…
Baker McKenzie’s Global Customs Practice invites you to join us for a webinar we’ll be hosting on “Trump and Tariffs: Focus on the US, Canada and Mexico”.This one-hour webinar will take place Wednesday, 5 February 2025 at 10:00 Mexico City / 11:00 EST / 17:00 CET. On February 1st 2025, President Trump signed executive orders imposing the long-anticipated tariffs he has called on for Canada and Mexico including 25% tariffs on non-energy imports from Canada and on all…
At the time of the publication of this blogpost on February 1, 2025, Mexico, Canada, and China have not yet responded to the imposition of tariffs. Stay tuned for updates and insights and practical tips for trade between the United States and these three countries as the situation develops. President Trump signed executive orders today, February 1, 2025, imposing the long-anticipated tariffs he has called for on Canada, Mexico, and China since early in his…
In the evening of January 26, 2025, the White House announced in a press release that the US and Colombian governments had reached an agreement on flights carrying individuals deported from the United States and paused efforts to impose tariffs and other measures announced by President Trump and President Petro. Our blog post about measures previously announced by the two countries on January 26 is available here. Based on this agreement, the “emergency” tariffs and sanctions President Trump…
Since this post was published on January 26, 2025, the White House announced that the US and Colombian governments had reached an agreement on flights carrying individuals deported from the United States and paused efforts to impose the measures described above. Stay tuned for a blog post with insights and practical tips for trade between Colombia and the United States. On January 26, 2025, via the social media platform Truth Social, President Donald J. Trump announced five…
On January 26, 2025, via the social media platform Truth Social, President Donald J. Trump announced five “immediate, urgent and decisive retaliatory measures” against Colombia. President Trump’s announcement came in response to Colombian President Gustavo Petro’s refusal to authorize the entry of military flights carrying individuals deported from the United States. President Trump justified the imposition of these measures by claiming that the Colombian government’s refusal to accept deported Colombian nationals pose a significant threat to US…
Monday January, 20 2025 saw the much anticipated swearing-in of President Donald Trump for the second time. As a central element of his campaign, Trump had previously promised tariffs from Day One, however since taking office it now appears tariffs will not be imposed with immediate effect, but over the coming weeks and months (Trump has nonetheless implied that 25% tariffs may be introduced on products from Canada and Mexico as soon as February 1).…