Back to blog
On April 2nd the President announced a new reciprocal tariff plan, enacted through an executive order proclamation. This sweeping policy introduces tariffs with broad implications, though it includes some nuanced exceptions. As this is a fluid an developing situation we will be posting updates here on top of our general email updates (you can subscribe below https://lp.constantcontactpages.com/su/7dNIG67 )
On Wednesday, April 9, 2025, President Trump announced a 90-day pause on additional reciprocal tariffs for countries not retaliating against U.S. trade actions, capping their rate at 10%—reverting to the April 5th baseline.
Meanwhile, China’s total tariff rate jumps to 125%, adding a 105% reciprocal tariff on top of the 20% baseline, and additional 21% to the 84% announced yesterday escalating trade tensions.
This story is developing and will notify soon as more details arise
- Examples on the actual duty rates based on the combination of the various tariffs.
- Exceptions for some products.
- De-Minimis Loophole removed. Leveling the playing field for US Importers.
- Important Trade Alert from the CBP.
- Customs Bond Alert with increase Duties expected
Starting from tomorrow April 3d. All Auto Imports will have a 25% tariff rate as previously announced
The reciprocal tariffs announced will be 50% of the total aggregate tariffs and trade barriers of each country with a a baseline of 10% for countries with lower or no tariffs.
See list below
🇨🇳34% on China
🇪🇺20% on EU
🇨🇭Switzerland 31%
🇻🇳Vietnam 46%
🇹🇼Taiwan 32%
🇯🇵Japan 24%
🇮🇳India 26%
🇰🇷Korea 25%
🇹🇭Thailand 36%
🇰🇭Cambodia 49%
🇬🇧Great Britain 10%
🇧🇩Bangladesh 37%
🇲🇾Malaysia 24%
🇿🇦South Africa 30%
🇵🇭Philippines 17%
🇮🇱Israel 17%
🇵🇰 Pakistan 29%
🇱🇰Sri Lanka 44%
Stay tuned as we bring you real-time updates on this evolving story. Have questions or insights? Let us know—we’d love to hear from you!
Key Details from the Executive Order
10% Baseline Tariff
-
- Under the authority of the IEEPA, the President is imposing a 10% tariff on all imports, regardless of trade deficits or existing tariffs. (this is referred to as the baseline tariff)
-
- Timeline: Effective April 5, 2025, at midnight.
Individualized Reciprocal Tariffs
-
- Higher, tailored tariffs will apply to countries with the largest trade deficits with the United States.
-
- List of countries: List of countries: While the proclamation does not specify any country or tariff rate, the WH shared a list of 150 countries and their respective aggregate tariffs (based on actual tariffs + VAT and other trade barriers).
-
- Additionally, the WH told CNBC that the percentage on China will be on top of the current 20%, which means that the total base rate for Chinese imports will be 54%.
-
- It is unclear at the moment if the tariff rate on these 180 countries will be on top of the baseline 10% and when the tariff for these countries will go into effect. We will update you as details become available.
-
- Timeline: Timeline: Effective April 9, 2025, at midnight.
Exclusions
The following goods are exempt from these tariffs:
-
- Articles subject to 50 USC 1702, including Personal Communications, Humanitarian Donations, Informational Materials, and Travel Transactions.
-
- Steel, aluminum, autos, and auto parts are already subject to Section 232 tariffs.
-
- Copper, pharmaceuticals, semiconductors, and lumber articles.
-
- Articles that may become subject to future Section 232 tariffs.
-
- Bullion.
-
- Energy and certain minerals unavailable in the United States.
Canada and Mexico (USMCA)
USMCA-compliant goods: 0% tariff.
Non-compliant goods: Initially set at 25%, but if the 25% fentanyl tariff is
