InterTradeTalk

President Trump signed Amendments to Executive Orders 14193 and 14194 today adjusting tariffs on Canadian and Mexican origin goods as follows:, click here.

The 25% duties on Canadian and Mexican origin goods will be in effect starting tomorrow. There’s no exclusion for USMCA-qualified merchandise., click here.

The recent Executive Orders regarding Section 232 duties on steel and aluminum removed the various country-specific exemptions, quotas, and product exclusions that had been in place going back to 2018. As a result, the 25% Section 232 duties will apply to all countries, with Russian steel and aluminum (or derivatives produced from Russian steel or aluminum) having a duty rate of 200% , click here.

Beginning March 12, 2025, imports of articles of steel and steel derivatives (Chapter 73), from Argentina, Australia, Brazil, Canada, EU countries, Japan, Mexico, South Korea, and the UK, as well as articles of aluminum and aluminum derivatives (Chapter 76), from Argentina, Australia, Canada, Mexico, EU countries, and the UK, will be subject to a revised tariff rate of 25%. , click here.

On Monday, February 10, 2025, President Trump signed an Executive Order to pause all investigations and enforcement actions of the Foreign Corrupt Practices Act (FCPA) of Americans suspected or accused of bribing foreign government officials for 180 days. This Executive Order directs the Attorney General to review current FCPA enforcement guidelines and issue updated guidelines or policies to "...prioritize American interests, American economic competitiveness with respect to other nations, and the efficient use of Federal law enforcement resources"., click here.