Stay current
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How it Happened?
May 14
Reciprocal Tariff rate now 10% for Chinese imports to US, similarly for US imports to China. De minimise Chinese imports to US now 54% tariff or flat rate of $100
May 12
US and China agree to a 90 day reduction to on reciprocal tariffs to 10% for imports between both countries by 14th May. Other tariffs continue to apply.
May 08
US and UK announce Trade Deal. 10% reciprocal tariff on UK imports to US stays in place with concessions on section 232 Steel, Aluminium and Automotive tariffs amongst other measures. US will receive greater market access for beef, ethanol amongst other measures.
May 03
United States Auto Parts (USMCA compliant) Tariff goes into effect
May 02
De Minimis ban for goods from China and Hong Kong goes into effect
May 01
United States:
• Section 232 investigation on imports of commercial aircraft and jet engines, and their parts launched
• Announces intent to apply secondary tariffs on Iranian oil and petrochemicals
April 29
US announces amendments to auto tariffs eliminating stacking of additional tariffs
April 25
China starts targeted tariff exemptions for some US commodities
April 22
United States Section 232 investigation into medium duty trucks and parts, and their derivatives launched
