The White House initially announced tariffs on imports from Canada, Mexico, and China but later delayed those on North American goods. However, tariffs on Chinese products took effect on February 4, 2025.
Using the International Emergency Economic Powers Act (IEEPA), President Donald Trump imposed a 25 percent tariff on Mexican imports, a 25 percent tariff on most Canadian products (with a 10 percent tariff on Canadian energy goods), and a 10 percent tariff on Chinese imports.
Following Trump’s separate discussions on February 3 with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau, both leaders committed to addressing illegal border crossings and fentanyl trafficking.
As a result, the tariffs on Canadian and Mexican goods were postponed for 30 days. Talks regarding a possible delay of the Chinese tariffs are ongoing.
The work truck industry relies on strong North American supply chains, enhancing global competitiveness. While border security and drug-related concerns are critical, preserving the strong US-Canada-Mexico trade relationship is equally important.
Companies in the vocational truck and equipment sectors, along with their customers, benefit from the United States-Mexico-Canada Agreement (USMCA), a deal previously negotiated under President Trump’s first administration. The agreement supports trade stability and economic efficiency.
NTEA and industry leaders aim to collaborate with the Administration to address trade concerns while ensuring businesses across North America can operate effectively and maintain productivity.