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President Donald Trump’s promised tariffs on some of the U.S.’ largest trading partners could be implemented as soon as Saturday, but questions linger about what importers and supply chain managers should expect.
During his first week back in office, Trump said Feb. 1 was “the date we’re looking at” for implementing a 10% tariff on China-based imports and 25% tariffs on those from Canada and Mexico.
The comments came after the Trump administration set an April 1 deadline for a federal agency-led trade review. The memorandum initiating the review called on agencies to evaluate U.S. trade policy and provide recommendations about tariffs and other actions.
With Trump’s long-expected import duties seemingly imminent, international trade experts shared what we know right now.
1. How can a president issue tariffs?
There are a slew of levers the U.S. can pull to enact tariffs. Several require Congressional action trade reviews by the U.S. Trade Representative, such as with recent Section 301 duties on China-made goods under former President Joe Biden.
However, through the International Emergency Economic Powers Act, the president has the authority to immediately implement import duties to address a national emergency or to remedy a threat to national security or domestic industry, experts told Supply Chain Dive.
Trump has previously stated his intention to use this executive power to levy tariffs on China, Canada and Mexico, aft…
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