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ONESOURCE Solutions assist you in navigating regulatory changes and managing risks amid uncertain tariff policies.

How it Happened?

 
 

April 15

US launches Section 232 investigations into imports of semiconductors, manufacturing equipment, pharmaceuticals and their ingredients, and processed critical minerals and derivatives.

 

April 11

The US issued reciprocal tariff exemptions on specific electronics, including an exemption from the 125% reciprocal tariff imposed on China.

 

April 10

European Union pauses retaliatory tariffs for 90 days

 

April 09

United States:
• 125% tariff on China (includes de minimis shipments)
• Pauses country-specific tariffs for 90 days (10% baseline remains)
China:
• 84% retaliatory tariff + expanded export controls
Canada:
• 25% tariffs on non-USMCA-compliant vehicles
European Union:
• 22 billion Euro phased retaliatory tariffs

 

April 08

United States increases reciprocal tariff on China to 84% (added to existing 20% blanket tariff)

 

April 05

• 10% baseline reciprocal tariff enacted globally with some exclusions
• China imposes 34% tariff on United States goods plus export controls

 

April 03

United States imposes 25% tariff on automotive parts (applies only to non-United States content under USMCA)

 

April 02

LIBERATION DAY
• Reciprocal tariffs between 11-50% for specific countries
• US imposes a 10% tariff on all countries; no country-specific tariffs apply to Singapore, Australia, New Zealand, or GCC countries.
• Exclusions: Steel, aluminum, automobiles, pharmaceuticals, semiconductors
• USMCA rules: 0% for compliant goods, 25% for non-compliant
• De minimis changes: Removed for China/Hong Kong shipments under 800 USD
  New duty: 30% of value or 25 to 50 USD per item

 

April 01

European Union implements Wave 1 retaliatory tariffs on United States imports

 

March 13

Canada implements retaliatory measures against United States steel and aluminum tariffs

 

March 12

United States imposes 25% tariff on all steel and aluminum imports including derivatives with no exemptions

 

March 10

China announces retaliatory measures to increased United States tariffs

 

March 06

United States:
• Adjusts tariffs supporting automotive supply chain
• 10% tariff on potash from Canada/Mexico outside USMCA
• No tariffs on USMCA-qualified Canadian goods

 

March 04

United States:
• Raises China tariff to 20% total
• Imposes 25% additional tariff on all Canadian imports(10% energy)
Canada:
• Retaliates with 25% tariff on 30 billion United States dollars goods

 

February 10

China implements first wave of retaliatory measures

 

February 04

United States:
• Delays Mexico tariffs (25%) for 1-month negotiation
• Delays Canada tariffs (25% additional / 10% energy) for 1-month negotiation
• Enacts 10% tariff on China

 

February 01

United States announces:
• 10% tariff on China (illegal aliens and drugs, including deadly fentanyl)
• 25% tariff on Mexico (illegal aliens and drugs, including deadly fentanyl)

Speak to our solution consultant on de-risking with ONESOURCE Global Trade Management.