Critical February 2025 Updates: New Tariff Policies
and Their Impact on Supply Chain Operations
This update supplements the original LogicSource 2025 Tariff Impact Analysis. For detailed category-specific impacts and baseline analysis, please refer to the original report.
Recent U.S. trade policy developments show significant shifts, with temporary pauses on some previously announced tariffs while others move forward. As of February 3, 2025, the 25% tariffs on Canada and Mexico are on hold for 30-60 days, while the reduced 10% China tariffs take effect on February 4. The introduction of the External Revenue Service framework and domestic manufacturing incentives reflect an evolving approach to trade policy.
Our update covers:
- North American trade stance adjustments, with a temporary hold on 25% tariffs pending policy review
- China tariff reductions, lowered from the proposed 60% to 10% following diplomatic negotiations
- Introduction of External Revenue Service framework, enhancing the collection of foreign trade duties and tariffs
- World Economic Forum policy announcements, shaping domestic manufacturing strategies
Download our detailed update for critical insights on adapting your supply chain strategy to these evolving trade policies.
