Trump Issues Order Levying 25% Tariff on Canada, 10% on Energy Goods, Beginning Feb. 4
President Donald Trump signed on Feb. 1 an executive order setting a 25% tariff on most goods from Canada, but a 10% tariff on "energy goods." The emailed order says the tariffs will apply beginning 12:01 a.m. ET on Feb. 4, though goods in transit as of 12:01 a.m. ET on Feb. 1 will not be subject to the duties.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
According to the order, "the sustained influx of illicit opioids and other drugs has profound consequences on our Nation, endangering lives and putting a severe strain on our healthcare system, public services, and communities." No drawback on goods subject to the tariffs will be allowed, nor will they qualify for duty-free de minimis treatment.
The executive order, which invoked the International Emergency Economic Powers Act, does not apply to Mexico or China, although White House deputy press secretary Harrison Fields tweeted on Feb. 1 that Trump had "signed" tariffs not only against Canada, but against Mexico and China as well.