On April 9, President Donald Trump amended via Executive Order the China-specific IEEPA-Reciprocal tariff rate from 34 percent to 125 percent. The effective date for the IEEPA-Reciprocal 125 percent China-specific rate is April 10, 2025. For 90 days, the president also suspended all other higher country-specific rates that became effective on April 9, 2025. Thus, the higher country-specific rates, other than China, revert to 10 percent duties.
As background, on April 2, the president issued Executive Order 14257 which invoked his authority under the International Emergency Economic Powers Act of 1977 (IEEPA), to assign country-specific reciprocal tariffs on most trading partners. China then announced it was implementing a retaliatory tariff on all U.S. goods imported into China.
President Trump previously indicated that should any trading partner retaliate against the United States in response to the reciprocal tariff action through import duties on U.S. exports or other measures, the administration would increase or expand in scope the duties imposed.
With respect to Chinese-origin goods, companies should continue to evaluate their supply chains to assess the IEEPA-Reciprocal 125 percent rate and overlapping tariff actions that may stack on top of each other. U.S. importers should ensure that information including tariff classification, valuation, country of origin, and duties paid is accurately declared to U.S. Customs and Border Protection.