President Donald Trump on Sunday signed an amendment to an executive order levying tariffs on Canada and Mexico. The amendment reinstates the de minimis exemption to imported goods valued under $800.
The president’s initial executive orders levying tariffs on Canada, China and Mexico included language eliminating the de minimis exemption. After the president issued a 10% tariff on Chinese imports, he amended the executive order to reinstate the de minimis exemption until the Commerce Department notified the president that adequate systems are in place to fully and expediently process and collect tariff revenue.
The executive orders launching tariffs on Canada and Mexico have been on hold for a month. The new amendment will reinstate the de minimis exemption on imports from the two countries, again until Commerce Department notified the president that adequate systems are in place to fully and expediently process and collect tariff revenue.
Beginning today, Canada and Mexico’s imported goods are subject to a 25% tariff. Canada announced plans to retailiate by levying tariffs on $30 billion of U.S. goods, including RV refrigerators. RVs would be among a second group of $125 billion in U.S. imports to face 25% tariffs.
Mexico has said the country is prepared to retaliate to U.S. tariffs.
