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U.S. Increases Tariffs on Vehicles and Automotive Parts

President Donald Trump signed a proclamation on March 26, 2025, invoking Section 232 of the Trade Expansion Act of 1962 to impose an additional 25 percent tariff on imports of vehicles and certain automotive parts....more

Exclusion of Tariffs to USMCA Goods Imported into the U.S. from Mexico

U.S. President Donald Trump announced on March 6, 2025, that the imposition of the 25 percent tariffs applied from the U.S. to Mexican products on March 4, 2025, will have an exemption until April 2, 2025, for the products...more

Trump Administration Announces Sweeping Section 232 Tariffs on Steel and Aluminum

Through a presidential proclamation, the Trump Administration on Feb. 10, 2025, announced the reinstatement of a 25 percent tariff on all steel imports and an increase in aluminum tariffs from 10 percent to 25 percent. The...more

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