As of this afternoon, official notices have confirmed that tariffs on goods originating from Canada, and Mexico will take effect at 12:01 a.m. on March 4, 2025. Goods from Canada and Mexico will be subject to a 25% tariff. The earlier implemented 10% IEEPA tariff on China made products will increase to 20%, however the effective date for this change has not yet been confirmed.
These tariffs are in addition to any other applicable duties, tariffs, and fees that may apply. Please note that they will not be eligible for duty drawback.
We will continue to monitor developments and provide updates as they become available.