[Global IDT Insights] U.S.A. Imposes Tariffs on Imports From Canada, Mexico, and China

Editorial Team – [2025] 171 taxmann.com 296 (Article)

Global IDT Insights provides a weekly snippet of tax news specifically related to Indirect Taxes from around the globe. Here is a glimpse of the tax happening in the world this week.

The United States Government has imposed new tariffs on imports from Canada, Mexico, and China, effective from February 1st, 2025. The tariff structure includes:

• A 25% tariff on imports from Canada and Mexico.
• A 10% tariff on imports from China.
• A lower 10% tariff on energy resources from Canada.In response to this, Canada had also imposed counter-tariffs on U.S. imports.

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