Timeline of Events:
Effective Tuesday 04 Feb 2025 against China:
President Trump has imposed additional tariffs on the following country under the International Emergency Economic Powers Act (IEEPA). Additional 20% on ALL imported products of China and Hong Kong. NOTE: Retroactive to the original executive order of 01FEB2025.
04 Mar 2025 against Mexico & Canada:
Plan is to impose tariffs on the following countries under the International Emergency Economic Powers Act (IEEPA). 25% on imported products of Mexico 25% on imported products of Canada 10% on imported Canadian energy.
Exemptions:
Goods entered under Chapter 98 HTSUS including:
- 00.40 or 9802.00.50 (repairs/alterations) tariffs apply on value added in Mexico/Canada
- 00.60 (metal articles processed abroad) tariffs apply on value added in Mexico/Canada
- 00.80 (assembly of US components) tariffs apply on value added in China and Hong Kong
- 9801 goods exported from the US and returned from Mexico/Canada not subject (even if Mexico/Canada origin)
- Other Chapter 98 goods are excluded
As announced on 6 March 2025:
- President Trump announced a pause on tariffs for Mexican goods under the USMCA until April 2, after speaking with President Claudia Sheinbaum.
- The White House granted a one-month delay on tariffs for automakers complying with the USMCA, with possible further exemptions for other industries.
- Canadian Prime Minister Trudeau aims to remove all tariffs and is discussing delaying retaliatory tariffs against the U.S.
- Trump told Trudeau that Canada’s efforts to stop fentanyl flow were insufficient.
- China declared it is prepared to fight “any type of war” with the U.S. over trade issues.
12 Mar 2025
Plan is to reinstate full 25% tariffs on section 232 of 08 Mar 2018 product tariffs for steel & aluminum imports for ALL countries, except Mexico as of 6 March 2025 until 2 April 2025. Quotas & exclusions are terminated. Current exclusions are applicable until they expire or the allotted amount is used.
STEEL:
7206.10 through 7216.50
7216.99 through 7301.10
7302.10
7302.40 through 7302.90
7304.10 through 7306.90
ALUMINUM:
7601
7604 through 7609
7616.99.5090
7616.99.5160
7616.99.5170
Example:
7605.29.0000 Aluminum Wire
4.2% Regular duty (Applicable to All countries)
25% Section 232 derivative (Applicable to ALL countries)
25% Section 301 duty (If a product of China)
20% Additional Duty 04FEB25 (If a product of China or Hong Kong)
12 Mar 2025 or Certification date by the Secretary of Commerce:
Plan is to elevate to 25% tariffs on section 232 Derivative tariffs for steel & aluminum imports from ALL countries, except for Mexico, as of 6 March 2025 until 2 April 2025. For Non-Chapter “73” & “76” classifications, 25% based upon the value content in the product:
no specific method advised for value calculation of the steel or aluminum content in the product. Current exceptions are for derivatives processed in another country from steel articles melted and poured, or aluminum articles smelted and cast, in the U.S.
STEEL DERIVATIVES:
7301.20.10 7301.20.50 7302.30.00 7307.21.10 7307.21.50 7307.22.10 7307.22.50 7307.23.00 7307.29.00 7307.91.10 7307.91.30 7307.91.50 7307.92.30 7307.92.90 7307.93.30 7307.93.60 7307.93.90 7307.99.10 7307.99.30 7307.99.50 7308.10.00 7308.20.00 7308.30.10 7308.30.50
7308.40.00 7308.90.30 7308.90.60 7308.90.70 7308.90.95 7309.00.00 7310.10.00 7310.21.00 7310.29.00 7311.00.00 7312.10.05 7312.10.10 7312.10.20 7312.10.30 7312.10.50 7312.10.60 7312.10.70 7312.10.80 7312.10.90 7312.90.00 7313.00.00 7314.12.10 7314.12.20 7314.12.30 7314.12.60 7314.12.90 7314.14.10 7314.14.20 7314.14.30 7314.14.60 7314.14.90 7314.19.01 7314.20.00 7314.31.10 7314.31.50 7314.39.00 7314.41.00 7314.42.00 7314.49.30 7314.49.60 7314.50.00 7315.11.00 7315.12.00 7315.19.00 7315.20.10 7315.20.50 7315.81.00 7315.82.10 7315.82.30 7315.82.50 7315.82.70 7315.89.10 7315.89.30 7315.89.50 7315.90.00 7316.00.00 7317.00.10 7317.00.20 7317.00.30 7317.00.55 7317.00.65 7317.00.75 7318.11.00 7318.12.00 7318.13.00 7318.14.10 7318.14.50 7318.15.20 7318.15.40 7318.15.50 7318.15.60 7318.15.80 7318.16.00 7318.19.00 7318.21.00 7318.22.00 7318.23.00 7318.24.00 7318.29.00 7319.40.20 7319.40.30 7319.40.50 7319.90.10 7319.90.90 7320.10.30 7320.10.60 7320.10.90 7320.20.10 7320.20.50 7320.90.10 7320.90.50 7321.11.10 7321.11.30 7321.11.60 7321.12.00 7321.19.00 7321.81.10 7321.81.50 7321.82.10 7321.82.50 7321.89.00 7321.90.10 7321.90.20 7321.90.40 7321.90.50 7321.90.60 7322.19.00 7322.90.00 7323.10.00 7323.93.00 7323.94.00 7323.99.10 7323.99.30 7323.99.50 7323.99.70 7323.99.90 7324.10.00 7324.29.00 7324.90.00 7325.91.00 7325.99.10 7325.99.50 7326.11.00 7326.19.00 7326.20.00 7326.90.10 7326.90.25 7326.90.35 7326.90.45 7326.90.60 7326.90.86 8431.31.00 8431.42.00 8431.49.10 8431.49.90 8432.10.00 8432.90.00 8547.90.00 9403.20.00 9405.99.20 9405.99.40 9406.20.00 9406.90.01
ALUMINUM DERIVATIVES:
6603.90.8100 7610.10.00 7610.90.00 7615.10.2015 7615.10.2025 7615.10.3015 7615.10.3025 7615.10.5020 7615.10.5040 7615.10.7125 7615.10.7130 7615.10.7155 7615.10.7180 7615.10.9100 7615.20.0000 7616.10.9090 7616.99.1000 7616.99.5130 7616.99.5140 7616.99.5190 8302.10.3000 8302.10.6030 8302.10.6060 8302.10.6090 8302.20.0000 8302.30.3010 8302.30.3060 8302.41.3000 8302.41.6015 8302.41.6045 8302.41.6050 8302.41.6080 8302.42.3010 8302.42.3015 8302.42.3065
8302.49.6035 8302.49.6045 8302.49.6055 8302.49.6085 8302.50.0000 8302.60.3000 8302.60.9000 8305.10.0050 8306.30.0000 8414.59.6590 8415.90.8025 8415.90.8045 8415.90.8085 8418.99.8005 8418.99.8050 8418.99.8060 8419.50.5000 8419.90.1000 8422.90.0640 8424.90.9080 8473.30.2000 8473.30.5100 8479.89.9599 8479.90.8500 8479.90.9596 8481.90.9060 8481.90.9085 8486.90.0000 8487.90.0080 8503.00.9520 8508.70.0000 8513.90.2000 8515.90.2000 8516.90.5000 8516.90.8050
8517.71.0000 8517.79.0000 8529.90.7300 8529.90.9760 8536.90.8585 8538.10.0000 8541.90.0000 8543.90.8885 8547.90.0020 8547.90.0030 8547.90.0040 8708.10.3050 8708.10.60 8708.29.5160 8708.80.6590 8708.99.6890 8716.80.5010 8807.30.0060 9013.90.8000 9031.90.9195 9401.99.9081 9403.10.00 9403.20.00 9403.99.1040 9403.99.9010 9403.99.9015 9403.99.9020 9403.99.9040 9403.99.9045 9405.99.4020 9506.11.4080 9506.51.4000 9506.51.6000 9506.59.4040 9506.70.2090
9506.91.0010 9506.91.0020 9506.91.0030 9506.99.0510 9506.99.0520 9506.99.0530 9506.99.1500 9506.99.2000 9506.99.2580 9506.99.2800 9506.99.5500 9506.99.6080 9507.30.2000 9507.30.4000 9507.30.6000 9507.30.8000 9507.90.6000 9603.90.8050
Example: 7319.40.2050 Safety Pins
4.5% Regular duty (Applicable to All countries)
25% Section 232 derivative (Applicable to ALL countries) 7.5% Section 301 duty (If a product of China)
20% Additional Duty 04MAR25(If a product of China or Hong Kong)
Example: 7616.10.7030 Threaded fastners
5.5% Regular duty (Applicable to All countries)
25% Section 232 derivative (Applicable to ALL countries) 25% Section 301 duty (If a product of China)
20% Additional Duty 04MAR25(If a product of China or Hong Kong)
Example: 8431.31.0040 Escalator
00% Regular duty, free (Applicable to All countries)
25%-0% Section 232 derivative (Applicable to ALL countries)
(Based upon value content, if any) 25% Section 301 duty (If a product of China)
20% Additional Duty 04MAR25(If a product of China or Hong Kong)
01 Apr 2025
Submission deadline of reports by the executive branch to Commerce and USTR for investigation of non-reciprocal trade arrangements.
May-August, 2025 Estimated Decision of 01 Apr 2025
Plan is to authorize reciprocal tariffs based upon findings from the Commerce and USTR to the President “detailing proposed remedies in pursuit of reciprocal trade relations with each trading partner.”
