U.S. Import Tariffs Update, March 5th, 2025 & Fraudulent Email Warning

Urgent Tariff Advisory – Impact on FF&E Imports

Dear Valued Client,

The U.S. has implemented new tariffs under the International Emergency Economic Powers Act (IEEPA), impacting FF&E imports.

Effective March 4, 2025:

• China: Additional 10% tariff, bringing the total increase to 20% (on top of existing duties, including Section 301 duties).

• Canada & Mexico: 25% tariffs now in effect (exempting shipments under $800).

• Chinese goods imported via Mexico/Canada will still be subject to Chinese tariffs upon U.S. entry.

🚨 Key Considerations:

• No grace period for new shipments—March 4 tariffs apply to shipments loaded or shipped as of today and are due upon arrival in the U.S.

• Exemptions: Goods already in transit before February 1, 2025 are not subject to the new tariffs, while shipments departing on or after February 1 will be subject to the tariffs upon arrival.

• Bond coverage – Standard $50K bonds may not be sufficient for increased duties.

• Reciprocal tariffs scheduled to begin April 2 – The U.S. plans to implement reciprocal tariffs on April 2, 2025, matching the duties and non-tariff barriers imposed by other nations.

📌 What You Should Do:
✔ Review your supply chain strategy to assess cost impacts.
✔ Verify bond coverage with your provider.

For assistance in navigating these changes, please reach out to your JMC Global representative.

Sources: National Customs Broker & Forwarders Association of America, Inc & The Wall Street Journal

Customer Alert: Fraudulent Emails Impersonating JMC Global

JMC Global has been made aware of fraudulent emails being sent from .mail and .cc domains. These are not legitimate JMC communications. If you receive an invoice or any request that seems out of place, please verify its authenticity directly with DaunK@jmcgl.com before taking any action.

🔹 How to Stay Safe:
✅ Check the sender’s email address – JMC Global will only communicate using official @jmcgl.com addresses.
✅ Verify unexpected invoices – Contact us directly before making payments.
✅ Be cautious of urgent or suspicious requests – If it seems unusual, double-check with our team.

Your security is our priority, and we appreciate your diligence in protecting your business from fraudulent activity.

Stay vigilant and thank you for trusting JMC Global!