Wednesday, March 05, 2025
Tariffs Update March 5th, 2025
This update is provided courtesy of EACC Ambassador Member Fifth Third Bank Tariffs Today: The Potential Impact on Commodity Prices and Your BusinessWhat You Should KnowImmediate Tariffs on Canada and Mexico: Effective today, the US has imposed tariffs of 25% on all goods from Canada and Mexico, except for Canadian energy products including oil, which will face a reduced 10% rate. This is significant considering that in 2024, nearly 5 million metric tons, or 60%, of the US's aluminum imports came from
