Tariffs News Updates

President Trump is using another tariff threat to put pressure on Canadian provinces to end boycotts of U.S. alcohol. But provincial leaders aren’t backing off.

The plan would cut tariffs on imported aluminum to about 25% from 50% for companies that have fulfilled the new requirements and have been approved by the U.S. 

The new tariffs will take effect in 30 days, according to a senior administration official who briefed reporters July 20 on the decision.

The number of Chinese truck companies operating in Mexico has surged, creating fresh tension as Mexican negotiators seek relief from U.S. tariffs.

Trade attorneys and analysts are confident the administration will beat the clock and swap out Section 122 tariffs with bigger Section 301 tariffs by the deadline.

The tariffs, which were first proposed last month, will take effect July 22. The order exempts some some oil and gas energy products.

The parent company of Freightliner and Western Star is seeing heavy replacement demand from larger on-highway fleets in particular, DTNA CEO John O’Leary said.

A large wave of refunds for tariffs declared illegal by the Supreme Court caused the first widening in the federal deficit since the start of this fiscal year.

President Donald Trump is instead directing the administration to negotiate with trading partners to adjust imports of those products.

Switzerland is in a delicate phase of negotiations with the U.S. as it seeks to secure a permanent deal to provide exporters with a more predictable trading landscape.