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The White House Press Secretary announced today April 8, 2025 that the President is set to impose an additional 50% on Chinese imports. The additional 50% is set to take effect at 12:01 a.m. EDT on April 9, 2025.
The official written notice from the White House has not yet been released so it is unclear under which program (IEEPA or others) this additional 50% will be implemented under.
Update- 4/9/2025- The President issued and executive order on April 8, 2025, "Amendment To Reciprocal Tariffs and Updated Duties as Applied to Low-Value Imports From the People's Republic of China." The order updates the reciprocal rate of duty for goods of China to 84% replacing the previous rate of 34% (for reciprocal tariffs).
Customs and Border Protection has announced an increase to the Merchandise Processing Fee assessed on imported goods. The increase is effective on October 1, 2025.
CSMS message 65741993 gives the details of the adjustments. For standard entry types, MPF is assessed at 0.3464% ad valorem with minimums and maximums. The minimum will be adjusted from the current $32.71 to $33.58. The maximum will be adjusted from $634.62 to $651.50.
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The President has announced a trade deal with the European Union.
Some of the terms of the deal are that the EU will purchase $750 billion worth of US energy, invest 600 billion in the US, and buy more US military equipment.
Additionally, the EU will lower the tariff on US origin goods to 0% and the US will impose 15% instead of the original 30% that was expected.
Steel and aluminum will remain at 50% for EU origin products under Section 232.
In a White House Fact Sheet, the Indonesia deal is outlined. Under this deal with Indonesia, the reciprocal tariff will be 19%. Other key terms include eliminating tariff barriers, breaking down non-tariff barriers for US industrial exports, US agricultural exports, and more. Additional details are in the fact sheet linked below.
In a Truth Social Post, the President has indicated that a deal has been made with Japan. According to the post, the deal includes Japan investing in the US, Japan opening their country to trade including cars and trucks, rice and other ag products etc. The reciprocal rate under this deal will be 15%. The full Truth Social post is linked below.
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