Please see the below update in regards to the tariffs affecting China, Canada, and Mexico.

U.S. Customs and Border Protection (CBP) has issued a Federal Register Notice to implement tariffs imposed on China by President Trump on Saturday, February 1. 

At this time, an additional 10% tariff on certain products from China will take effect at 12:01 a.m. ET on Tuesday, February 4, 2025.  

Goods from China:

1. Goods were loaded onto a vessel at the port of loading, or in transit on the final mode of transport prior to entry into the United States, before 12:01 a.m. eastern standard time on February 1, 2025; and
2. are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern standard time on February 4, 2025, and before 12:01 a.m. eastern standard time on March 7, 2025.
3. All imports of articles that are products of China and Hong Kong, other than products classifiable as:
   1. donations, by persons subject to the jurisdiction of the United States, of articles, such as food, clothing, and medicine, intended to be used to relieve human suffering.
   1. Articles the product of China and Hong Kong that are informational materials, including but not limited to, publications, films, posters, phonograph records, photographs, microfilms, microfiche, tapes, compact disks, CD ROMs, artworks, and news wire feeds.
4. The additional ad valorem duty provided for in new HTSUS heading 9903.01.20 applies in addition to all other applicable duties (including antidumping and countervailing duties), taxes, fees, exactions, and charges.
5. The additional duties imposed by heading 9903.01.20 shall not apply to goods for which entry is properly claimed under a provision of chapter 98 of the tariff schedule pursuant to applicable regulations of U.S. Customs and Border Protection (“CBP”), and whenever CBP agrees that entry under such a provision is appropriate, except for goods entered under heading 9802.00.80; and subheadings 9802.00.40, 9802.00.50, and 9802.00.60. For subheadings 9802.00.40, 9802.00.50, and 9802.00.60, the additional duties apply to the value of repairs, alterations, or processing performed (in the PRC), as described in the applicable subheading. For heading 9802.00.80, the additional duties apply to the value of the article assembled abroad (in the PRC), less the cost or value of such products of the United States, as described.

Goods from Canada:

President Trump and the Canadian Prime Minister, Justin Trudeau, have reached an agreement to delay tariffs for Canada for one month.

RIM will continue to closely monitor this evolving situation and provide updates as necessary. Please reach out to your RIM representative should you have any further questions.