President Donald Trump directed the Commerce Department to investigate whether the importation of lumber, wooden cabinets, wooden furniture and paper pose a threat to national security under Section 232.
Tariffs on some of the new aluminum and steel derivatives listed in an annex to President Donald Trump’s proclamation expanding the Section 232 tariffs will take effect March 12, according to a pair of notices released by the Commerce Department.
CBP issued notices late March 3 on implementation of 25% tariffs on most goods from Canada and all goods from Mexico.
Tariffs on some of the new aluminum and steel derivatives listed in an annex to President Donald Trump’s proclamation expanding the Section 232 tariffs will take effect March 12, according to a pair of notices released by the Commerce Department.
President Donald Trump, contrary to his commerce secretary's suggestion a day earlier that tariffs might be lower than 25% on Mexican and Canadian goods over border issues, told reporters March 3 that "tomorrow, tariffs, 25% on Canada, 25% on Mexico" will be imposed.
De minimis treatment will remain in effect for goods from Canada and Mexico if a 25% tariff on goods from those countries takes effect as scheduled March 4. Executive orders issued March 2 postpone the removal of de minimis for Canada and Mexico, ordered alongside the 25% tariff, until the commerce secretary notifies the President that “adequate systems are in place” to process and collect tariffs on formerly de minimis shipments.
Sen. Chris Coons, D-Del., said that Senate Finance Committee Chairman Mike Crapo, R-Idaho, blocked his effort to pass a bill through the Senate unanimously that would require Congress to approve tariffs imposed on free-trade partners like Mexico and Canada, or on NATO and major non-NATO allies.
The National Council of Textile Organizations, joined by its Canadian and Mexican counterparts, urged President Donald Trump not to impose 25% tariffs on imports in the region.
WilmerHale International Trade Practice leader David Ross told panelists on a discussion of reciprocal trade that, "contrary to some earlier expectations, there are indications that the president is not planning to do a line-by-line" tariff adjustment to match tariff levels of trading partners, but, rather, to seek to quantify the costs of higher tariffs and other policies he sees as trade barriers, and to put a single tariff rate on the country's products.
President Donald Trump, perhaps seeking to clarify remarks he made in the Oval Office the previous day (2502260032), posted in the morning Feb. 27 that the fentanyl-related tariffs "scheduled to go into effect on MARCH FOURTH will, indeed, go into effect, as scheduled."