Less than 2 days after the White House’s announcement, China has announced additional tariffs on U.S. exports and has instituted a slew of other penalties, further escalating the trade war between the U.S. and China.

The Senate is woke! The resolution to stop IEEPA in Canada passed, and now a bill to reassert Congressional authority over tariffs has been introduced. Listen for more on Two Minutes in Trade. 

#TMIT Liberation Day! Tariffs, tariffs and more tariffs. No more de minimis for China. Autos/parts defined and 2 new aluminum derivative products. Listen for more on Two Minutes In Trade. 

TMIT No Joke. USMCA qualifying autos and parts are protected under a 2018 agreement with the US. Listen for more on Two Minutes in Trade. 

No Joke. USMCA-qualifying autos and parts are protected under a 2018 agreement between the US and Mexico. Listen for more on Two Minutes in Trade. 

Should Section 338 of the Tariff Act of 1930 be repealed?  Some Members of Congress think so. Listen for more on Two Minutes in Trade. 

With IEEPA, steel/aluminum, and other tariffs on the rise, the stakes have never been higher for duty evasion. Here are a few “duty savings” ideas that are likely too good to be true.

The auto industry is assessing the impact of the President's proclamation yesterday imposing a 25% tariff on imported cars, light trucks, and certain vehicle parts under Section 232, citing national security grounds. The 25% tariffs are set to take effect on April 3, 2025, for automobiles and light trucks with auto parts delayed until no later than May 3, 2025.

More tariffs of 25% on countries that import Venezuelan oil or products on the horizon. Listen for more on Two Minutes in Trade. 

The Senate will consider a resolution ending the national emergency in Canada. Does it matter?  Listen for more on Two Minutes in Trade.