As of March 4, 2025, new tariffs on imports from Mexico, Canada, and China have officially gone into effect, along with updates on steel and aluminum tariffs. These changes may impact your shipments, and we want to ensure you have the most up-to-date information.
Key Updates:
IEEPA Tariffs on Mexico & Canada
- A 25% tariff is now in place on most imports from Mexico and Canada, except for energy products from Canada, which are subject to a 10% duty.
- Certain goods, including personal-use items, donations, and informational materials, are exempt.
- No grace period applies—goods in transit are not exempt.
- Foreign Trade Zone (FTZ) considerations: Goods admitted after March 4 must enter under privileged foreign status to determine duty rates.
Tariff Increase on Imports from China
- The tariff rate has increased from 10% to 20%.
- Retroactive adjustment: Goods previously entered under the 10% tariff may now owe the full 20%.
- Temporary exemption for goods already in transit before February 1st, 2025, but only until March 4th, 2025.
Steel & Aluminum Tariffs
- Effective March 12, a 25% tariff applies to both original and new derivative steel and aluminum products.
- New reporting requirements for primary and secondary smelt locations for aluminum imports.
- Imports of Russian-origin aluminum or steel are now subject to a 200% tariff.
Next Steps
We strongly encourage you to review your supply chain and assess the impact of these tariffs on your imports and exports. If you have questions about specific product classifications, exemptions, or customs procedures, please reach out to our team for assistance.
If you need support navigating these tariff changes, please contact us.
Best regards,
Edward J. Zarach & Associates