New U.S. Import Tariff Measures Effective April 4 and April 9, 2025
On April 2, 2025, President Donald J. Trump announced a new national tariff initiative to be implemented in two phases: 1. Universal Baseline Tariff – Effective April 5, 2025 A 10% universal tariff will apply to all imported goods into the United States, regardless of origin. 2. Discounted Reciprocal Tariffs – Effective April 9, 2025 Certain trading partners identified by...
20% Additional Duties on Imports from China and Hong Kong
On March 3, 2025, the Trump Administration implemented an Executive Order to increase the 10% tariff on all imports from China and Hong Kong to 20% on March 4, 2025. The tariff increase applies to products that are entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Standard Time, March 4, 2025. The additional...
China Tariff Increase Goes Into Effect
February 4, 2025, WASHINGTON (AP) — President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security. The pauses provide a cool-down period after a tumultuous few days that put North America on the cusp of a trade...
Trump Vows Tariffs on Mexico, Canada, and China on Day One
BBC.com: Peter Hawkins November 26, 2024 Donald Trump says he will hit China, Mexico, and Canada with new tariffs on day one of his presidency, in an effort to force them to crack down on illegal immigration and drug smuggling into the US. The US president-elect said he would sign an executive order imposing a 25% tariff on all goods coming...