Companies trading with key global partners will need to navigate evolving tariff frameworks, including actions from China and Canada.
On March 4, 2025, the Trump administration’s previously announced tariffs on imports from Canada and Mexico went into effect following a 30-day pause. Separately, on March 3, President Trump issued an executive order titled “Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China” that increases previously imposed tariffs on Chinese products from 10% to

