The American President announced on April 9 that country-specific “reciprocal” tariffs rates announced last week, which took effect on April 9, are now suspended effective April 10, for a period of 90 days.
Instead, imported products of any country, other than products that fall within identified exceptions (CSMS 64680374), will be assessed an additional ad valorem duty rate of 10%.
Canada and Mexico were not on last week’s list of U.S. “reciprocal” tariffs and are not affected by this change.
The same April 9 announcement also states that imported products of China, including products of Hong Kong and Macau, other than those that fall within identified exceptions (CSMS 64680374), will be assessed an additional ad valorem rate of duty of 125%.
Links:
– U.S. CBP CSMS # 64701128 – Updated Guidance – Reciprocal Tariffs – Increase in Rate for China and Reversion of Other Country-Specific Rates, Effective April 10, 2025
– U.S. CBP CSMS # 64680374 – Guidance – Reciprocal Tariffs, April 5 and April 9, 2025, Effective Dates
