Trump Reduces Global Reciprocal Tariffs but Increases Them for China
By EsqSocial Corporation 14/04/25
On April 2, 2025, the President announced the imposition of reciprocal tariffs on goods imported into the United States from a broad range of countries at an initial 10% rate. Higher rates for specific countries were identified in Annex I of the April 2 Executive Order, including a 34% duty rate for China. These tariffs went into effect on April 5, 2025, and were then scheduled to increase for a subset of countries on April 9, 2025 according to Annex III of the April 2 Executive Order....
By: Wiley Rein LLP