U.S. Customs and Border Protection announced plans to impose a 25% tariff on imports from Canada and Mexico, with notices set to be published on March 6. Although not yet official, these tariffs will be implemented under temporary legislation allowing for modifications to trade agreements. Some exceptions apply, including the de minimis rule for small imports and items classified as donations or personal use. However, methods like duty drawbacks to avoid tariffs will no longer be permitted. President Trump reaffirmed that the tariffs will take effect as scheduled.

Source: https://www.supplychaindive.com/news/CBP-prepares-tariffs-Mexico-Canada/741465/