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.
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 .