Trade Cases

Trump reiterates March 4 start for universal tariffs of 25% on Canada, Mexico
Written by Laura Miller
February 27, 2025
Even after a Cabinet meeting on Wednesday, there’s still some confusion about President Trump’s tariff plans.
Earlier this week, the president signaled the 25% tariff on all imports from Canada and Mexico would begin next week.
But during a Cabinet meeting at the White House on Wednesday, Trump appeared to suggest that the levies could be pushed out another month. Namely, to the April 2, a date he’s previously thrown around for other tariffs.
After the meeting, a White House spokesperson clarified to Politico that the tariffs are indeed scheduled to take effect on Tuesday, March 4, and the “reciprocal tariffs are still on for April 2.”
And on Thursday morning, Trump posted on Truth Social about Canada and Mexico: “the proposed TARIFFS scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled.”
He added, “China will likewise be charged an additional 10% Tariff on that date.”
CNBC confirmed with the White House that the additional 10% duty will raise China’s tariff rate to 20%.
Trump also reiterated: “The April Second Reciprocal Tariff date will remain in full force and effect.”

Laura Miller
Read more from Laura MillerLatest in Trade Cases

Price on Trade: Auto tariffs, auto parts, and Hyundai – a world of rapid changes
Trump's new auto tariffs will apply to passenger vehicles (including sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans), light trucks, and certain automobile parts (including engines and engine parts, transmissions and powertrain parts, and electrical components).

CRU: Canacero urges Mexico-US partnership to fend off Asian steel imports
Victor Cairo, head of Mexico’s steel sector body Canacero and CEO of ArcelorMittal Mexico, says he is confident negotiations between the Mexican and US governments planned for April 2 will lead to the creation of a regional block to substitute imports, especially from Asia.
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.