U.S. Tariffs And Intracompany Transfers: A U.S. Immigration Solution To Trade Barriers

On February 1, 2025, U.S. President Donald J. Trump announced a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China (energy resources from Canada will have a lower 10% tariff)¹. On February 3, 2025, President Trump announced the postponement of the application of tariffs on goods originating from Canada² and Mexico³ for 30 days. More recently, the U.S. President has hinted that the European Union could soon be targeted by trade tariffs⁴ and on February 18, 2025, he threatened to impose significant import tariffs on automobile, semiconductor and pharmaceutical imports, a statement which caused Asian stocks to drop⁵.

The ability to easily access U.S. markets is key for many global businesses, especially for those now faced with the threat and in some cases, the sudden implementation, of significant U.S. import tariffs⁶. Businesses must review options for mitigating the negative effects of tariffs, as described in