The Trump administration is set to take office in January, and based on conversation points made during the campaign, it is likely that importers may once again face renewed intentions to impose tariffs on a wide range of U.S. imports.
While nothing has been finalized or formally introduced, additional tariffs have been mentioned potentially across the board, and there is anticipation on a focus on goods from China.
Therefore, in anticipation of rapidly evolving trade regulations, we encourage our clients to remain vigilant when planning import strategies.
We are actively working with our U.S. trade attorneys and industry associations to monitor developments and will share updates with as soon as they are available.