The new tariffs

We discuss the new tariffs imposed by the US government, including a tariff on steel and aluminum products from all countries, as well as additional tariffs on imports from China and a partial suspension of tariffs on imports from Canada and Mexico. The experts, Ed Lebow and Colin Cox from the law firm Haynes and Boone, provide an overview of how tariffs work, who pays them, and the potential impacts on businesses and consumers. They also discuss the retaliatory tariffs imposed by other countries in response to the US actions, the challenges around determining product origins, and the strategies companies can use to navigate the new tariff landscape. #tariff