On February 1, 2025, the Trump Administration imposed long-expected tariffs on imports from Canada, Mexico, and China through the issuance of three executive orders (“EOs”). While some recent reporting suggested that implementation of these tariffs may be delayed to March 1, 2025, the White House confirmed on January 31, 2025 that these tariffs would be implemented according to a previously-set deadline. However, following a flurry of threats of counter-tariffs and phone calls between President Trump and his counterparts in Canada and Mexico, on February 3, 2025, the leaders of Canada and Mexico confirmed that the United States will delay tariffs for a month while both countries work towards more long-term agreements. The tariff imposed on China went into effect on February 4.
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