Feb, 3, 2025 – Important Tariff and Duty Updates – When to Start

  • Feb, 3, 2025 – Important Tariff and Duty Updates – When to Start

    Source: Elleo Global Inc- House Customs Broker

    Feb 03 2025

    Key Details:

    The Trump Administration has imposed tariffs on goods coming from China/Hong Kong, Canada, and Mexico. Under the International Emergency Economic Powers Act (IEEPA), these tariffs will be in effect startingĀ 12:01am ET on February 4, 2025.

    Below are the exemptions for these additional duties:

    • Products that were in transit before February 1, 2025, and entered for consumption between February 4 and March 7, 2025.
    • Donations from U.S. persons, such as food, clothing, and medicine, intended to relieve human suffering.
    • Informational materials including publications, films, posters, records, photographs, microfilms, tapes, CDs, artworks, and news feeds.
    • Personal used items in accompanied baggage

    As of 4pm (PST), Feb. 3rd, 2025, the additional duty application has been paused for both Mexico and Canada.

    De Minimis Rule Update:

    Effective February 4, 2025, products from China and Hong Kong are no longer eligible for the de minimis (duty-free) exemption under 19 U.S.C. Ā§ 1321(a)(2)(C). Importers attempting to claim de minimis clearance for ineligible shipments will be rejected. Importers must file a formal or informal entry, and goods are subject to all applicable duties, taxes, and fees.

     

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