CHINA IMPORTS: There is a strong possibility that Ad Valorem on goods from China will be increasing from 25% to 35% in 2025.

MEXICO AND CANADA: President Trump is considering suspending the USMCA agreement with Mexico and Canada to pressure them to aid in the reduction of illegal immigrants coming to the US.

He is also considering a 25% duty until he sees a reduction on the illegal immigration and flow of fentanyl.