What are the additional tariffs charged by US customs on imports?

The border agency will begin collecting these taxes on products from Mexico, Canada, and China, following the president’s executive order.

U.S.  Customs  and Border Protection   ( CBP ) announced an increase in  import tariffs  based on the International Emergency Economic Powers Act, which President  Donald Trump implemented during his second term. The countries affected by this measure are  Mexico, Canada  , and  China . 

Mexico, Canada and China face these additional tariffs

On February 1, the Republican leader signed  an executive order  imposing additional tariffs on imports from these countries. The  White House  announced that the new tariffs are intended to ” stop the flood of  poisonous drugs” illegally entering the U.S.

The additional tariffs that CBP will impose on Mexico, Canada, China, and Hong Kong based on a presidential executive order
The additional tariffs that CBP will impose on Mexico, Canada, China, and Hong Kong based on a presidential executive order. Photo by freepick

According to the presidential decree, the government agency reported  the following taxes in a statement  :

  • Additional tariffs of  25%  on  goods that do not comply with the rules  of the Agreement between Mexico, the United States and Canada ( T-MEC ).
  • A  10% tariff  on  energy products imported from Canada  that are not covered by the USMCA.
  • A  10%  tax on  potash imported  from both bordering countries is excluded from the USMCA preference.

Products from Canada and Mexico that qualify for USMCA preferential treatment will not receive additional tariffs. As for China and Hong Kong, the Trump administration decided on March 4 to increase tariffs to an  additional 20% on their imported goods .