6165 Barfield Road
Atlanta GA, 30328
United States
Tel: +1 (770)688-1206
Fax: +1 (770)688-1229
The President has announced broad reciprocal tariffs. The reciprocal tariffs will vary by country. The tariffs reciprocal tariffs will depend on existing tariffs for US goods exported to those countries.
The President shared a chart showing various rates applied to US goods to countries and the reciprocal tariff that will be applied to goods from those countries. Examples included China with overall tariff percentage of 67% on US goods, which the US will be applying a reciprocal tariff of 34%. Other examples include Japan charging 46% on US goods and the US now applying a 24% reciprocal tariff. JAS will post the full list once it is officially published.
Other deveopments today include a list of specific HTS codes for automobiles subject to the 25% tariff effective April 3. Auto parts will be implemented on May 3.
Finally, aluminum containers under 7612.90.10 and beer under 2203.00.00 have been added to the aluminum derivatives list.
Additional updates will follow once they are available.
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.
Click below to read more:
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.
Click below to read more:
Our Sites use cookies for analytics purposes. For more information about the cookies we use on our Sites or how you can disable them, please see our Cookie Policy.
.png)