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ARTICLE · 10 FEBRUARY 2025

Practical Solutions For The Tariff Environment In 2025

Following President Trump's February 1, 2025 Executive Orders announcing new tariffs on imports from Mexico, Canada, and China to take effect on February 4, 2025...

GlobalInternational Law

Following President Trump's February 1, 2025 Executive Orders announcing new tariffs on imports from Mexico, Canada, and China to take effect on February 4, 2025, both Mexico and Canada negotiated a one-month delay for implementation of the new tariffs by agreeing to contribute personnel and funding to enhance border security and stem the flow of fentanyl across the United States' northern and southern borders.

While the tariffs on China took effect on February 4, putting an additional 10% tariff on all imports from China, much less is certain about the future of U.S. trade relations. If the tariffs announced on Mexico and Canada take effect, a tariff of 25% will be applied on most imports from these countries. The U.S. tariffs against China have already resulted in counter-tariffs by China on U.S. goods.

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