On April 10, 2025, President Trump issued an executive order providing a 90-day pause, until July 9, 2025, on the individualized reciprocal tariffs imposed by executive order issued April 2, 2025. Rather, the affected countries will be subject to a 10% tariff, which for some countries provides a much lower rate than originally imposed.
However, the relief does not apply to China. Additionally, effective April 10, 2025, President Trump has raised the tariffs imposed on China to 125% under this new executive order. This appears to be in addition to the 20% tariff in effect under a separate executive order issued March 3, 2025.
Furthermore, the executive order provides an update to the de minimis treatment (duty-free importation of articles up to $800) that is specifically disallowed to China. De minimis articles from China are subject to an increased 120% ad valorem duty and $100 duty per postal item containing goods applicable May 2, 2025 (increasing to $200 per item after June 1, 2025).1
Watch for further updates from Forvis Mazars as the tariff situation moves quickly and contact one of our professionals to learn more.
- 1Forvis Mazars is analyzing the information published, including the White House fact sheet and executive order language to determine whether these duties on de minimis items are “stacked” or an “either/or” relationship. Updates to come in our From the Hill publication.”