The U.S. and Canada Announce a Temporary Tariff Suspension until April 2, 2025
With this tariff suspension being temporary, importers in the U.S. and Canada are encouraged to prepare for possible trade policy changes before the new deadline.
Temporary Extension of De Minimis Exemptions for Canadian and Mexican Imports
This temporary exemption will allow U.S. businesses to continue importing low-value goods from Canada and Mexico without additional duties.
Trump Announces U.S. Tariffs on Canadian Imports to Commence March 4
As the March 4 deadline approaches, both nations are preparing for the economic and political effects of the looming tariffs. Businesses and consumers on both sides of the border will likely feel the most impact.
USTR Proposes Fees of up to $1.5 Million on Chinese Ships Entering U.S. Ports
The move to increase fees will determine how North American trade routes evolve and whether U.S. importers will need to make adjustments to their supply chains.
Modernized ACE Portal Goes Live on February 23 with A New User Management System
The comprehensive Automated Commercial Environment (ACE) Modernization initiative was launched by the Department of Homeland Security (DHS) and U.S. Customs and Border Protection (CBP) as part of their ongoing efforts to improve trade processing and security.
Canada Invests Over $33 Million in Rail Infrastructure to Support Economic Growth
This investment in rail infrastructure represents a major step toward modernizing Canada’s supply chain systems. By relieving congestion at ports, building inland hubs, and digitizing rail operations, they will contribute to more efficient trade routes and support local businesses.
Trump Unveils “Fair and Reciprocal Plan” to Reform U.S. Trade Policies
The decision to impose reciprocal tariffs on international trade partners reflects an ongoing commitment to putting America first and readjusting global trade dynamics in favor of the United States.
U.S. Reinstates Section 232 Tariffs to Protect Domestic Steel and Aluminum Industries
The Trump administration asserts that these measures will protect existing jobs, promote additional investment in domestic manufacturing, and secure the nation’s industrial future.
Update: Trump Delays the Elimination of De Minimis Exemptions on Chinese Imports
Although the immediate repeal of de minimis is on hold, the Trump administration has indicated that restrictions and regulatory changes are still coming.
The U.S. Eliminates De Minimis Exemptions on Chinese Imports
E-commerce giants like Shein and Temu, which relied on de minimis to avoid import duties, will now face higher costs. This could potentially lead to increased prices and reduced demand in U.S. supply chains.
