Trump administration announces tariffs on automotive imports and on products of countries purchasing Venezuelan oil and gas, issues further guidance on previously implemented steel and aluminum tariffs
The last several days brought new developments with respect to the Trump administration’s rollout of tariffs pursuant to its America First Trade Policy issued on January 20, 2025. Deloitte Tax LLP prepared a summary of the new tariffs on imported automobiles and automobile parts as well as products of any country that purchases oil and gas from Venezuela; it also covered additional informal guidance on the US Customs and Border Protection’s frequently asked questions’ page concerning steel and aluminum tariffs.
Deloitte Tax LLP provides a summary of the tariffs in a new tax alert and will soon publish a similar alert with respect to the array of tariffs announced by the President in the Rose Garden on April 2.
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