Trade Action Update: Reciprocal Tariffs Paused for 90 Days; Ten Percent Tariff on All Countries Remains in Effect; China Tariffs Increased
By EsqSocial Corporation 15/04/25
The increased, country-specific tariffs imposed under President Trump's Reciprocal Tariff Executive Order (EO) went into effect on April 9, 2025, but were paused for 90 days shortly thereafter. A ten percent tariff now remains in effect for all countries. China, however, will receive an increase in tariffs to 145 percent in response to China's implementation of 84 percent retaliatory tariffs on U.S. imports. The European Union has also announced countermeasures in response to the Section 232...
By: Baker Donelson