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White House Details for Imposing Reciprocal Tariffs and Eliminating China De Miminis
The White House Executive Order issued April 2 stated that all articles imported into the U.S. will be subject to an additional ad valorem rate of duty of 10 percent. The rates of duty shall apply with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. ET on April 5, except that goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. ET on April 5 and entered for consumption or withdrawn from warehouse for consumption after 12:01 a.m. ET on April 5 shall not be subject to such additional duty.
Furthermore, except as otherwise provided in this order, at 12:01 a.m. ET on April 9, all articles from trading partners enumerated in Annex I to this order imported into U.S. shall be, consistent with law, subject to the country-specific ad valorem rates of duty specified in Annex I to this order. Such rates of duty shall apply with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. ET on April 9 except that goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01 a.m. ET on April 9 and entered for consumption or withdrawn from warehouse for consumption after 12:01 a.m. ET on April 9 shall not be subject to these country-specific ad valorem rates of duty set forth in Annex I to this order. These country-specific ad valorem rates of duty shall apply to all articles imported pursuant to the terms of all existing U.S. trade agreements, except as provided below.
More information regarding the reciprocal tariffs, as well as those tariffs that will take effect for Mexico and Canada, is available in this White House fact sheet.
President Trump also signed an Executive Order on April 2 eliminating duty-free de minimis treatment for low-value imports from China, effective May 2 at 12:01 a.m. ET.
“Imported goods sent through means other than the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption will be subject to all applicable duties, which shall be paid in accordance with applicable entry and payment procedures,” said this White House fact sheet.
“All relevant postal items containing goods that are sent through the international postal network that are valued at or under $800 and that would otherwise qualify for the de minimis exemption are subject to a duty rate of either 30% of their value or $25 per item (increasing to $50 per item after June 1, 2025). This is in lieu of any other duties, including those imposed by prior Orders,” the fact sheet added.
NCBFAA will monitor guidance from Customs and Border Protection (CBP) regarding the implementation of these Executive Orders and provide these details to our members, as soon as they are received.
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NCBFAA will continue to keep our members updated about the U.S. tariffs through the Monday Morning eBriefing and eblasts, and a dedicated IEEPA Tariffs webpage on our website.
Attention: The Monday Morning eBriefing (MMeB) and other communications of the NCBFAA are the exclusive property of the Association. Unauthorized use by any person or firm which is not a member in good standing is strictly prohibited.
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