On February 3, 2025, President Trump paused the new 25% tariffs on imports from Canada and Mexico for 30 days and warned about increased duties on imports from China.
In our blog post yesterday, Michael House discussed the three executive orders issued by President Trump last Saturday imposing new 25% tariffs on imports from Canada and Mexico and a new 10% tariff on imports from China (on top of the existing 7.5% to 25% tariff on most imports from China).