Please find below an update based on the additional tariffs announced by President Trump:

Mexico:  Paused.  Announcement by Trump states 30 days.

Canada:  Paused.  Announcement by Trump states 30 days.

China:  10% Additional duty will be assessed on nearly all products.  We have received implementation instructions.

• Products imported under a qualifying provision of Chapter 98 will be exempt from the additional duties.
• Exceptions to this rule will be products claimed under 9802.00.80; and subheadings 9802.00.40, 9802.00.50, and 9802.00.60.  For subheadings 9802.00.40, 9802.00.50, and 9802.00.60, the additional duties apply to the value of repairs, alterations, or processing performed (in China and Hong Kong), as described in the applicable subheading.  For heading 9802.00.80, the additional duties apply to the value of the article assembled abroad (in China and Hong Kong), less the cost or value of such products of the United States, as described.)
• Unlike the 301 tariffs currently in place, these duties will not be eligible for drawback.
• Products from China may no longer be entered under the ‘de minimis” rule and entered duty free.
• Finally, goods which have been loaded onto a vessel or have departed on the final mode of transport to the United States prior to February 1, 2025 will be exempt from the additional duties.  We will carefully monitor departures to exempt your firm from these additional duties if your containers or shipments fall into this period.

9802.00.80; and subheadings 9802.00.40, 9802.00.50, and 9802.00.60.  For subheadings 9802.00.40, 9802.00.50, and 9802.00.60, the additional duties apply to the value of repairs, alterations, or processing performed (in China and Hong Kong), as described in the applicable subheading.  For heading 9802.00.80, the additional duties apply to the value of the article assembled abroad (in China and Hong Kong), less the cost or value of such products of the United States, as described.

Please let us know if you have any questions.

February 3, 2025