U.S. Trade Policy and Tariff Actions
- Canada’s retaliatory tariffs scheduled to begin 8 September as U.S. – Canada trade negotiations stalled: On 3 September, Canada’s Prime Minister said a trade deal with the U.S. remains a possibility with the stipulation that the deal keeps Canada’s steel operations competitive. Since the U.S. – Canada trade negotiations faltered on 21 August, both parties have accused the other side of reneging their commitments in the final hours of negotiations. Canada’s retaliatory tariffs are a response to the Trump Administration implementing Section 338 tariffs of 50% regardless of USMCA status on select imports from Canada. Effected PMMI relevant tariff codes are noted below:
- Imports into the U.S.: Additional 50% tariff on select tariff lines of headings 8422 and 8438 including: 8422.3091, 8422.4091, 8422.9091, and 8438.40. The scope of targeted products may also include other equipment and machinery manufactured by PMMI members.
- Imports into Canada: Additional 25% tariff on industrial machinery of 8422.90.90. The retaliatory action may also include other equipment and machinery manufactured by PMMI members.
- CBP requests comments on proposed changes to enhance supply chain transparency: 2 September, Customs and Border Protection (CBP) published an Advance Notice of Proposed Rulemaking (ANPRM) in the Federal Register and its press release on intent to amend regulations regarding supply chain transparency. The ANPRM does not establish immediate new requirements; rather, it solicits feedback to help CBP evaluate potential costs, benefits, operational impacts, and implementation considerations before determining whether to proceed with a proposed rule. The ANPRM requests public comments on potential requirements related to:
- Identification of key parties in the import process
- Additional foreign export documentation for either 1) all imported goods or 2) categories of imports designated as a national security risk
- New supply chain insights including through various business identifiers (e.g., expanded use of manufacturer id codes/MIDs)
- Enhanced supply chain traceability technologies
- Expansion of the Customs Trade Partnership Against Terrorism (CTPAT) program
This ANPRM is one of many actions supporting implementation of EO 14411 Strengthening Customs Enforcements released in June directing CBP to establish heightened import disclosures and certification requirements. Comments are due 1 December 2026.
