Absent further action from President Trump today, new tariffs of up to 25% on U.S. imports of goods originating in Canada and Mexico are set to go into effect at 12:01 am ET March 4, 2025. Trump has also announced a 10% increase in duties on U.S. imports of goods from China (now totaling 20%). Are you ready?

On February 1, 2025, President Trump utilized emergency powers to impose 25% tariffs on U.S. imports of goods from Mexico and most goods from Canada, and 10% tariffs on U.S. imports of goods from China and energy resources from Canada, effective Tuesday, February 4. On February 3, shortly before the tariffs went into effect, Trump reached deals with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau to pause implementation of the tariffs until March 4. These deferrals were implemented through new Executive Orders, which stated that Canada and Mexico had taken steps to address the President’s concerns regarding migration and fentanyl flows meriting a pause in the tariffs. 

Meanwhile, the 10% tariffs on Chinese imports moved forward.

As of the time of this alert, no deal has yet been reached to further defer the tariffs on imports originating from Canada and Mexico – and, if permitted to go into effect, duties will be collected for all entries on or after 12:01 am ET tomorrow, March 4. However, in statements yesterday, March 2, Secretary of Commerce Howard Lutnik stated that the imposition of tariffs remained “a fluid situation” and signaled that the imposed tariffs may be lower than the current levels slated for imposition following the February 3 Executive Orders. “There are going to be tariffs on Tuesday on Mexico and Canada,” he stated, “Exactly what they are, we're going to leave that for the president and his team to negotiate.”

Representatives from Canada and Mexico have stated that each country is prepared to respond to any tariffs implemented by the U.S.

In addition, Trump has announced through TruthSocial that he intends to increase the 10% emergency tariffs on Chinese imports to 20%, also effective tomorrow, March 4. No formal proclamation has yet been issued implementing this change.

Stay tuned to this page for updates regarding implementation or deferral over the coming days.