$ETH Tariffs have been paused for Mexico and Canada, but not for China. Here's a breakdown¹ ²:

- *Mexico and Canada*: Initially, President Trump planned to impose 25% tariffs on imports from these countries, citing national emergencies related to fentanyl and illegal immigration. However, after negotiations, the tariffs were delayed until March 6, 2025, allowing time for further discussions.

- *China*: A 10% tariff on Chinese goods took effect on February 4, 2025, with some exemptions for goods like humanitarian donations, information materials, and certain personal items. China retaliated with tariffs of up to 15% on US energy imports and other products.

The tariffs on Mexico and Canada were part of a broader strategy announced on April 2, 2025, known as "Liberation Day tariffs," aimed at correcting perceived unfair trading relationships. The new tariff structure includes³:

- *Baseline Tariff*: 10% tariff applied universally to imports from all countries, except Canada and Mexico, starting April 5, 2025

- *Country-Specific Tariffs*: Additional tariffs based on perceived unfair trade practices by approximately 60 individual nations, starting April 9, 2025

The impact of these tariffs is still unfolding, with potential effects on global trade, economic growth, and US consumers.