https://www.taxtmi.com/news?id=32575 Imposition of broad import duties under a declared economic emergency establishes a tariff regime on imports from Canada, Mexico and China with differentiated energy rates, removal of a low value Canadian import exemption, no formal exception process, and an escalation mechanism to increase rates if trading partners retaliate; the stated objectives are to pressure the countries to curb fentanyl production and limit illegal migration, with no specific benchmarks for lifting the duties. en-us Sun, 02 Feb 2025 06:16:03 +0530 Sun, 02 Feb 2025 06:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32575 Imposition of broad import duties under a declared economic emergency establishes a tariff regime on imports from Canada, Mexico and China with differentiated energy rates, removal of a low value Canadian import exemption, no formal exception process, and an escalation mechanism to increase rates if trading partners retaliate; the stated objectives are to pressure the countries to curb fentanyl production and limit illegal migration, with no specific benchmarks for lifting the duties. News - Sun, 02 Feb 2025 06:16:03 +0530 https://www.taxtmi.com/news?id=32575