March 4, 2025
As of March 4, 2025, all imports from Mexico and Canada are now subject to 25% tariffs (with the exception of Canadian energy imports subject to 10% import duties), and the 10% tariff initially imposed on Chinese imports in February doubling to 20%. This Alert discusses the new tariffs imposed on Canada and Mexico and the additional 10% tariffs imposed on China (in addition to the 10% tariffs imposed in early February).