In an important development impacting trade relations within North America, the White House announced today that effective 12:01 a.m. EST on March 7, 2025, the recently imposed International Emergency Economic Powers Act (IEEPA)-based tariffs on goods from Canada and Mexico will be temporarily suspended for all products compliant with USMCA origin requirements. This temporary suspension will remain in effect until April 2, 2025, the date … Read More
Trump Announces 25% Tariffs on Steel and Aluminum Imports
In a move set to shake global markets and intensify ongoing trade disputes, U.S. President Donald Trump announced plans to introduce new 25% tariffs on all steel and aluminum imports. This decision, revealed to reporters aboard Air Force One en route to the Super Bowl in New Orleans, marks a significant escalation of Trump’s aggressive trade policy. Key Highlights of the Announcement: New 25% Tariffs: … Read More