EO 14257
Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits
Summary
An additional 10% ad valorem duty is imposed on all imports, with higher rates for certain countries as specified in Annex I. The 10% duty applies to imports starting April 5, 2025, with specific country rates from April 9, 2025. Certain goods, including steel, aluminum, automobiles and automobile parts, copper, pharmaceuticals, semiconductors, lumber, certain critical minerals, and energy and energy products, are exempt (full list in Annex II). All good originating from Canada and Mexico that that do not qualify as originating under USMCA are subject to additional ad valorem duties of 25 percent, with energy or energy resources and potash imported from Canada and not qualifying as originating under USMCA presently subject to the lower additional ad valorem duty of 10 percent.
Agencies Impacted
- Commerce
- Treasury
- CBP
- State
- DHS
Timeline
Immediate.
Deliverable
None.
Available Analysis
Not What You Think: Some Trump Tariffs Exempt Your Goods from Other Trump Tariffs
Legal Challenges
No known legal challenges.