On China:
- On April 10, 2025, the U.S. Customs and Border Protection released guidance on changes made to the previously announced tariffs, stating that imports from China, Hong Kong and Macau would immediately have an additional 125% ad valorem duty applied, on top of the existing 20%. Certain goods (see here) may be exempt.
- The US administration has announced that “Articles the product of China, including products of Hong Kong and Macau, will be assessed an additional ad valorem rate of duty of 125%.”This was implemented as of 9 April 2025
Additional countries, except Canada and Mexico:
- The U.S. Customs and Border Protection guidance on April 10, 2025, also stated there would be an immediate suspension of country-specific tariffs that had previously gone into effect on April 9, 2025. Mexico and Canada are excluded from this suspension, and the 25% tariff on goods imported from these countries that are not covered by the USMCA trade agreement will continue to apply.
- Details of this updated guidance are as follows:
The CSMS message updates CSMS 64687696 and 64680374 with the following information only
- Imported products of China, including products of Hong Kong and Macau, other than those that fall within the identified exceptions included in CSMS 64680374, entered for consumption, or withdrawn from warehouse for consumption on or after 12:01 a.m. ET on April 10, 2025, are subject to the following HTSUS classification and ad valorem duty rate:
- 9903.01.63: Articles the product of China, including products of Hong Kong and Macau, will be assessed an ad valorem rate of duty of 125%.
- The country-specific rates that became effective on April 9, 2025, are suspended. Imported products of any country, except for China, including products of Hong Kong and Macau, other than those that fall within the identified exceptions included in CSMS 64680374, entered for consumption, or withdrawn from warehouse for consumption on or after 12:01 a.m. ET on April 10, 2025, are subject to the following HTSUS classification and ad valorem duty rate:
- 9903.01.25: Articles the product of any country, except for products described in headings 9903.01.26-9903.01.33, and except as provided for in heading 9903.01.34, and except for articles the product of China, including products of Hong Kong and Macau, will be assessed an ad valorem duty rate of 10%.
On Canada:
- On all steel imports and goods that do not satisfy U.S.-Mexico-Canada Agreement (USMCA) rules of origin, 25% tariff is applied
- A lower 10% tariff on those energy products imported from Canada that fall outside the USMCA preference.
- A lower 10% tariff on any potash imported from Canada that falls outside the USMCA preference.
- No tariffs on those goods from Canada that claim and qualify for USMCA preference.
On Mexico:
- On all steel imports and goods that do not satisfy U.S.-Mexico-Canada Agreement (USMCA) rules of origin, 25% tariff is applied
- A lower 10% tariff on any potash imported from Mexico that falls outside the USMCA preference.
- No tariffs on those goods from Mexico that claim and qualify for USMCA preference.
On the US:
On April 11, 2025, China’s Customs Tariff Commission of the State Council announced an adjustment to tariff measures on imports originating from the United States from 84% to 125%, with effect from April 12, 2025.
The People's Republic of China announced that April 10, 2025, from 12:01 CST, will begin implementation of additional tariff measures on imported goods originating in the United States. The relevant matters are as follows:
On the US:
On April 10, 2025, a statement from President von der Leyen was released, stating, “while finalising the adoption of the EU countermeasures [to US tariffs on EU] that saw strong support from our Member States, we will put them on hold for 90 days. If negotiations are not satisfactory, our countermeasures will kick in.”
As of April 9, 2025, the European Union Member States voted in favour of the European Commission's proposal to introduce trade countermeasures against the United States. The Commission's proposal was made in response to the March decision by the US to impose tariffs on imports of steel and aluminium from the EU.
The duties are based on a two-step approach:
First, the Commission will allow the suspension of existing 2018 and 2020 countermeasures against the US to lapse on April 1, 2025. These countermeasures target a range of US products.
Second, in response to new US tariffs affecting more than €18 billion of EU exports, the Commission is putting forward a package of new countermeasures on US exports. Once the Commission's internal procedures are concluded, and the implementing act published, countermeasures will enter into force. These countermeasures have yet to be expanded upon by the European Commission. Duties would have been collected on April 15, 2025, but were paused via the April 10, 2025 statement from President von der Leyen.
- Effective April 9, 2025, Canada imposed 25 per cent tariffs on non-CUSMA compliant vehicles imported into Canada from the United States, and 25 per cent tariffs on non-Canadian and non-Mexican content of CUSMA compliant vehicles imported into Canada from the United States.
In addition, a remission framework for auto producers that reflects and incentivizes production and investment in Canada will be developed, and details will be announced shortly.
- Effective March 13, 2025, Canada imposed 25 per cent reciprocal tariffs on a list of products totalling $29.8 billion, including:
- $12.6 billion in steel products
- $3 billion in aluminium products
- $14.2 billion in additional imported U.S. goods (including tools, computers and servers, display monitors, sport equipment, and cast-iron products)
Currently, there are no tariffs from Mexico
