Tariffs will be delayed on Canada, President Donald Trump decided about eight hours before the deadline, and hours after he announced Mexico wouldn't face tariffs for the next month. He also granted Canada 30 days to convince him to keep duty-free trade flowing.
President Donald Trump posted on social media that he is holding off on imposing tariffs on Mexico for a month. "I just spoke with President Claudia Sheinbaum of Mexico. It was a very friendly conversation wherein she agreed to immediately supply 10,000 Mexican Soldiers on the Border separating Mexico and the United States," he wrote. "These soldiers will be specifically designated to stop the flow of fentanyl, and illegal migrants into our Country. We further agreed to immediately pause the anticipated tariffs for a one month period during which we will have negotiations headed by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick, and high-level Representatives of Mexico."
The U.S. will delay its recently announced tariffs on Canada for “at least 30 days,” after President Donald Trump and Canadian Prime Minister Justin Trudeau reached a deal, said Trudeau in a tweet Feb. 3.
Goods exempted from new tariffs on Canada and China because they were in transit when the tariffs were announced must be entered before Feb. 7 for Canada, and before March 7 for China, to qualify for the exemption, CBP said in a pair of Federal Register notices released the afternoon of Feb. 3.
Hours after releasing an executive order imposing a 25% tariff on Canadian goods and a 10% tariff on energy goods from Canada, two additional orders came from the White House on Feb. 1: one setting a 10% tariff on goods from China and the other a 25% tariff on goods from Mexico.
President Donald Trump signed on Feb. 1 an executive order setting a 25% tariff on most goods from Canada, but a 10% tariff on "energy goods." The emailed order says the tariffs will apply beginning 12:01 a.m. ET on Feb. 4, though goods in transit as of 12:01 a.m. ET on Feb. 1 will not be subject to the duties.
The International Trade Commission published notices in the Jan. 31 Federal Register on the following antidumping and countervailing duty (AD/CVD) injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):
The Commerce Department published notices in the Federal Register Jan. 30 on the following antidumping and countervailing duty (AD/CVD) proceedings (any notices that announce changes to AD/CVD rates, scope, affected firms or effective dates will be detailed in another ITT article):
The Commerce Department looks set to recognize a Canadian company's name change for the purposes of countervailing duties on softwood lumber products from Canada (C-122-858). The agency preliminarily found that TRAPA Forest Products Ltd. is the successor-in-interest to Trans-Pacific Trading Ltd. in the preliminary results of a changed circumstances review published Jan. 31. The agency preliminarily found that Trans-Pacific changed its name to TRAPA but otherwise continues to operate as the same business entity as before. If Commerce confirms its findings in the final results, TRAPA will inherit the CVD rate assigned to Trans-Pacific Trading, which was 6.74% (the review average rate) in the final results of a CVD administrative review for Jan. 1, 2021, and Dec. 31, 2021, published in August 2024 (see 2408160017). Commerce has recognized the name change and allowed TRAPA to inherit Trans-Pacific's rate for the purposes of the antidumping duties on subject merchandise (see 2409200061).
The Commerce Department published its preliminary affirmative antidumping determination Jan. 30 that low speed personal transportation vehicles from China (A-570-176), including golf carts, are being sold in the U.S. at less than fair value. Commerce found “critical circumstances” for all Chinese companies, and will retroactively suspend liquidation and impose antidumping duty cash deposit requirements for all subject merchandise as of Nov. 1.