New tariff Update.
For those of you keeping up with the tariffs:
Early reports suggest that the 24% duty is completely paused for the next 90 days. It’s not yet clear if the 10% duty will remain in place, but we’ll provide more information as the situation evolves. Once we have official details on implementation, we’ll share additional updates.
Worst-case scenario, the duty rate would be 12.5% for passenger vehicles and 35% for cargo vehicles/vans.
Posted Apr 9, 2025, 5:40 PM UTC
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