Reciprocal Tariff Details & Other Tariff Updates – NEW! Tariff Tracker Chart

Further to our email from yesterday about reciprocal tariffs, please see updates below: For detailed information review the Executive Order and the White House Fact Sheet. Effective at 12:01 a.m. (ET) on April 5, 2025, the United States will impose a 10% ad valorem baseline tariff on imports of all foreign-origin goods. This baseline tariff is in addition to… Read more »

Reciprocal Tariffs

President Trump announced the implementation of Reciprocal Tariffs this afternoon.  For detailed information review the Executive Order and the White House Fact Sheet. A 10% additional duty will be assessed on all goods from all countries effective April 5, 2025.  Certain countries will have their own individual tariffs effective April 9, 2025.  CNBC has published an article with a… Read more »

Section 232 Derivative Value Adjustments – CBP Guidance Issuance

Dear Client, As you know, at President Trump’s direction in March 2018, CBP began collecting duties on steel and aluminum items that were classified in certain HTSUS as defined in the Presidential Proclamations 9704 and 9705.  On February 10, 2025 President Trump issued the Aluminum Presidential Proclamation that set aluminum duties at 25% but also added a 25% tariff… Read more »

Tariffs On Automobiles And Automobile Parts

A Presidential Proclamation imposes a 25 percent tariff on automobiles entered for consumption or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 3, 2025, and on automobile parts on the date specified in the Federal Register,  but no later than May 3, 2025, and shall continue in effect, unless such actions are… Read more »