Two Minutes In Trade - Auto Industry Assessing Impact of 232 Tariffs
Release Date: 03/28/2025
Two Minutes in Trade
It’s Deja vue all over again! New section 232 investigation on medium and heavy-duty trucks and parts. Listen for more on Two Minutes in Trade.
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Canada retaliates against the US with tariffs but uses smart tactics to protect its manufacturers and health care industry. Listen for more on Two Minutes in Trade.
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Getting sick will cost you more as tariffs on the horizon under a Section 232 investigation on pharmaceuticals. Listen for more on Two Minutes in Trade.
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USTR released its penalties under the section 301 investigation on China’s shipbuilding and maritime industry. Listen for more info on Two Minutes in Trade.
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It's critical that companies pay attention to the new Section 232 investigation on critical minerals & rare earth elements. Listen for details on Two Minutes in Trade.
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Tomato prices are likely to go up later this summer as Antidumping duties of 21% will be assessed. Listen for details on Today’s Two Minutes in Trade.
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IEEPA tariffs are being challenged in Federal courts and the Court of International Trade. Listen to Two Minutes in Trade for details.
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Semiconductors are defined for the upcoming Section 232 investigation; avoid the 125% tariffs for now. Listen for more on Two Minutes in Trade.
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Importers and brokers are trying to decipher the curious language of the in-transit exception to the IEEPA tariffs. Here’s what we have divined.
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IEEPA tariffs suspended for 90 days, except for China and maritime industry actions. Listen for more on today’s Two-ish Minutes in Trade!
info_outlineThe 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.