The tariff landscape is changing rapidly, and staying informed is crucial for retailers. This is where Quiet will keep you updated on the latest developments and what they mean for your business. Bookmark this page and check back often as we untangle the complexities of these shifting policies and provide you with the information you need to navigate this dynamic environment.
February 4, 2025
10% Tariff on All Chinese Goods is in Effect
A new 10% tariff on Chinese imports went into effect today, February 4, 2025.
February 4, 2025
De Minimus No Longer Applies to Chinese Made Goods
Starting February 4th, the De Minimis rule, which previously allowed for duty-free entry of low-value goods, will no longer apply to shipments containing any China-made goods. This means that even small orders from platforms like Shein and TEMU will now be subject to customs clearance, potentially leading to increased costs and delays.
This means transitioning to formal custom entries and working with providers to decrease delays and reduce impact.
Additional points:
- The tariffs apply to goods entered for consumption or withdrawn from warehouses for consumption after 12:01 a.m. EST on February 4, 2025.
- Goods already in transit before 12:01 a.m. on February 1, 2025, are exempt from these tariffs.
- The tariffs are in addition to any existing duties, fees, or charges applicable to the covered imports.
- Duty drawback will not be allowed on affected imports.
The tariffs will remain in effect indefinitely until the president decides to remove them.
February 3, 2025
Mexico and Canada Tariffs Postponed for 30 Days
President Trump has agreed to suspend the proposed 25% tariffs on Canada and Mexico for 30 days after last-minute negotiations. Both countries committed to enhanced border security measures to address U.S. concerns about illegal immigration and fentanyl trafficking.
December 26, 2024
Mexico’s New 35% Tariff
On December 19, 2024, Mexico raised tariffs on textile and apparel imports to 35% for finished goods and 15% for unfinished products.
Effective from December 20, 2024, through April 22, 2026, this move is designed to shield local industries from low-priced imports, particularly from non-FTA countries like China.
Read the full post here: Mexico’s New Textile Tariffs: A Wake-Up Call for Apparel Retailers
