Trump Announces Reciprocal Tariffs, Ends De Minimis Treatment for China (UPDATED)
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UPDATE: APRIL 10, 2025
On April 9, President Donald Trump signed an executive order (EO) to (1) pause the imposition of the higher country-specific reciprocal tariffs on all countries except China while leaving the broad 10% reciprocal tariff rate in effect and (2) further increase the reciprocal duty rate imposed on Chinese goods.
The EO suspends the country-specific reciprocal tariffs, which went into effect on April 9 at 12:01 a.m. EDT, for all countries outlined in Annex I, except China.- These country-specific reciprocal tariffs (EO 14257) have been paused until 12:01 a.m. EDT on July 9, 2025.
- The baseline across-the-board 10% tariff imposed on all countries remains in place.
- The pause will apply to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. EDT on April 10, 2025.
- Separately, the International Emergency Economic Powers Act (IEEPA) tariffs imposed on Canada (25%), Mexico (25%) and China (20%) remain in effect.
- This amended duty rate will continue to apply on top of other existing duties, including the 20% fentanyl tariffs, effectively bringing the tariff rate on Chinese goods to 145%. Select Chinese goods are also subject to Section 301 tariffs, which will further increase duty rates.
- While President Trump indicated in an April 9 post on Truth Social that the increased reciprocal tariff would take effect “immediately,” the EO clarifies that the higher rate formally went into effect at 12:01 a.m. EDT on April 10, 2025.
- The exclusions to the reciprocal tariffs enumerated in EO 14257 remain in effect and are outlined below.
UPDATE: APRIL 8, 2025
On April 8, President Donald Trump signed an executive order (EO) to further increase the reciprocal duty rate imposed on Chinese goods.
Today’s EO amends EO 14257, issued on April 2, to raise the reciprocal tariff on Chinese goods from 34% to 84%
- This amended duty rate will continue to apply on top of other existing duties, including the 20% fentanyl tariffs, effectively bringing the tariff rate on Chinese goods to 104%. Select Chinese goods are also subject to Section 301 tariffs, which will further increase duty rates.
- This increased reciprocal tariff will go into effect as previously scheduled on April 9 at 12:01 a.m. EDT.
- The exclusions to the reciprocal tariffs enumerated in EO 14257 remain in effect and are outlined below.
These changes are a response to the April 4 announcement from China’s State Council Tariff Commission that it would impose a 34% tariff on American goods, matching the original U.S. reciprocal duty rate, among other retaliatory actions.