Monday, March 31, 2025

Impending Tariffs May Inflict Big Costs And Headaches At US Border

Chronofhorse.com - Full Article

PUBLISHED March 26, 2025
WORDS BY Erin Harty

On April 2, a 25% tariff on most goods imported into the U.S. from Canada and Mexico is set to go into effect. The cost of those tariffs could be passed onto consumers, meaning that American horse owners might pay more than usual for imported items like hay, feed and lumber.

But a lesser-known aspect of the tariffs is that they would also apply to horses coming into the U.S. from Canada or Mexico (and any other countries subject to tariffs), and not just if they’re being sold. Owners of horses crossing into the U.S. temporarily—to compete or be bred, for example—would also have to pay the tariff, although it could be refunded once the horse returns to its home country.

Originally intended to begin on Feb. 4, then delayed twice—to March 4 and then April 2—the tariffs have caused widespread confusion due to their frequently changing scope. Adding to the confusion, other countries are expected to announce reciprocal tariffs on goods being exported from the U.S., meaning American horse owners might have to pay similar tariffs to take horses from the U.S. into Canada to compete at venues such as Bromont or Spruce Meadows...

Read more here:
https://www.chronofhorse.com/article/impending-tariffs-may-inflict-big-costs-and-headaches-at-us-border/

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