Trump Issues Orders Levying Tariffs on China and Mexico, Effective Feb. 4
Hours after releasing an executive order imposing a 25% tariff on Canadian goods and a 10% tariff on energy goods from Canada, two additional orders came from the White House on Feb. 1: one setting a 10% tariff on goods from China and the other a 25% tariff on goods from Mexico.
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The duties on China and Mexico will take effect at 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. For both orders, no drawback on goods subject to the tariffs will be allowed, nor will they qualify for duty-free de minimis treatment.
Trump cited the U.S. fentanyl crisis as the motivation for the tariffs, and he invoked the International Emergency Economic Powers Act to levy the duties.