Reciprocal Tariffs Paused

On April 9, President Trump signed an executive order that increased the reciprocal tariff on Chinese products to 125% and substantially increased entry fees on low-value shipments from China. The order paused high reciprocal tariffs on many other countries, leaving those countries with a 10% tariff rate through July 9. Goods from Canada and Mexico covered under the 2020 U.S.-Mexico-Canada free trade agreement are exempt from tariffs.
Read more: Trump Reduces Global Reciprocal Tariffs →