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 Halts Tariffs on Mexican Imports – But for How Long?
The trade landscape took another sharp turn this week as President Donald Trump announced a temporary pause on tariffs for Mexican goods covered under the United States-Mexico-Canada Agreement (USMCA). This decision, which grants a reprieve until April 2, comes amid heightened economic uncertainty, market fluctuations, and growing concerns from businesses about rising costs. A Strategic Pause Amid Trade Tensions After discussions with Mexican President Claudia … Read More
Countdown to Tariffs: Mexico and Canada in Uncertainty
From February 1st, the United States will impose a 25% tariff on imports from Mexico and Canada, setting off a new wave of uncertainty for the North American supply chain. With this new measure, multiple questions about how businesses will navigate the coming changes are emerging. President Trump’s announcement has raised numerous concerns, leaving industry stakeholders scrambling to clarify everything from logistics to compliance. The … Read More