Trade Cases
Trump signals tariffs on Canada and Mexico will start next week
Written by Laura Miller
February 25, 2025
President Donald Trump told reporters Monday his 25% tariff on goods imported from Canada and Mexico is on schedule to begin next week.
Last month, Trump agreed to delay 25% tariffs on both Canada and Mexico by a month. Both countries agreed to meet certain demands, including addressing border security and drug trafficking.
Tuesday, March 4, marks the end of that 30-day reprieve.
“We’re on time with the tariffs, and it seems like that’s moving along very rapidly,” the president said at a White House press conference, according to an AP report.
Trump also signaled his reciprocal tariffs are expected to begin as soon as April, the AP reported.
“The tariffs are going forward on time, on schedule,” Trump stated.
Canadian and Mexican officials are in talks with the Trump administration, hoping to stave off the implementation of tariffs. Both countries are also taking internal actions to prepare, including plans for retaliatory tariffs on US products.
Laura Miller
Read more from Laura MillerLatest in Trade Cases
US chassis makers seek duties on imports from Mexico, Thailand, and Vietnam
Upon the request of US chassis manufacturers, the Commerce Department this week initiated investigations into the alleged dumping and subsidization of chassis imported from Mexico, Thailand, and Vietnam.
European Commission eyes stricter limit on tariff-free steel imports
The European Commmission is reducing the amount of tariff-free foreign steel that can enter the EU.
Trump says exceptions could exist on reciprocal tariffs
President Trump said on Monday there may be exceptions for some countries on reciprocal tariffs.
CRU: Countries start protecting steel in world of 25% US tariffs
These developments come at a time when the global trading system has been shaken up by US President Donald Trump’s greater use of tariffs, including employing Section 232 legislation to impose a 25% levy on steel from all countries to protect national security.
European Commission makes public steel action plan
The European Commission unveiled A European Steel and Metals Action Plan aimed at safeguarding the European Union’s steel and base metals production.