ASAToday for July 3rd, 2025

Tariffs on Canadian and Mexican Imports Rolled Back Until April 2nd Certain tariffs on Canada and Mexico are being suspended until April 2nd. This suspension applies to articles entering under USMCA (US/Mexico/Canada Trade Agreement), with a separate rate reduction on non-USMCA-eligible Canadian potash from 25% to 10%, effective at 12:01am on March 7th. It is…

Tariffs on Russia President Trump announced potential tariffs on Russian imports contingent upon Moscow reaching a ceasefire and peace agreement in its conflict with Ukraine. The President stated, “Considering the ongoing intense military actions by Russia against Ukraine, I am contemplating significant banking sanctions, additional sanctions, and tariffs on Russia until a ceasefire and a…