Additional 25% Tariffs on Canada and Mexico Suspended March 6

On March 6, 2025, President Trump announced a suspension of most of the additional 25% tariffs imposed on March 4, 2025, on Mexico and Canada. Under the new tariff structure the additional 25% tariffs will apply only to goods that do not qualify as originating goods under the U.S. Mexico Canada Agreement (USMCA). The duties…

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