U.S. Tariff Update - April 17, 2025

As we have been seeing over the last few months - U.S. tariff policy continues to evolve. Here is the latest as of early morning of Thursday, April 17, 2025:

• An additive 10% tax increase on imports from most international origins was put into effect as of April 5, 2025, and remains live.

• A 90 day pause is on further tariff increases, for now, for many countries around the world.

  • However, China is presently at a total of 145% on top of existing tariffs and duties.

    • There has ben a carve-out for some exceptions already - such as consumer electronics - which will only have an additional tariff of 20%, however these carveouts may be subject to further classifications.

  • 25% Tariff on Canadian and Mexican imports that are not USMCA compliant.

    • USMCA compliant goods are tariffed at 0% but compliance will vary on a vendor by vendor basis.

    • The 10% blanket tariff on many countries around the world does not apply to Canada and Mexico.

  • 25% on all steel and aluminum imports.

• U.S. Customs has reported some glitches late last week related to the collection of tariffs, but it appears to be resolved at this time. As the policies and guidelines change - it can be difficult for these systems to update quickly but it appears that any importers or shipments affected by the glitch were given directives on how and when to file specific paperwork related to the glitch that seems to be resolved at this time. 

  • Importing companies and vendors are the best source to confirm what tariff will be applicable when your purchase order clears customs. They can also confirm if there are any exemptions based upon the sailing date.

We expect the policy and guidance to continue to change over the coming weeks. We will post weekly updates but our advice remains the same. The best advisors to talk to are the vendors and importers handling the transport of these goods into the U.S.. Importer companies and the vendors themselves are better able to advise on which components of the products - if any - may be subject to the new tariffs, taxes, and fees and can help make plans accordingly.