U.S. Introduces Reciprocal Tariffs

White House issues Executive Order "Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits."

See Annex I for the list of Reciprocal Tariffs on the various countries and territories.

At this time, Canada and Mexico are exempt due to prior emergency actions on illicit drugs and migration, goods from Canada and Mexico are subject to distinct provisions:

Exemptions Include:

Goods already covered by Section 232 tariffs (e.g., steel, aluminum, autos).

• Articles protected under 50 U.S.C. 1702(b) (e.g., personal communications, humanitarian donations)
• Steel and aluminum articles covered under Section 232
• Automobiles and parts subject to Section 232
• Specific product categories listed in Annex II:
  
  • Copper
  • Pharmaceuticals
  • Semiconductors
  • Lumber articles
  • Certain critical minerals
  • Energy and energy products

Goods under Column 2 of the HTSUS (typically non-normal trade relations countries).

Future Section 232-imposed tariffs (automatically excluded).

‍Fact Sheet

CSMS# 64724565 - UPDATED GUIDANCE - Reciprocal Tariff Exclusion for Specified Products; April 5 Effective Date

CSMS# 6469265 - GUIDANCE - Reciprocal Tariffs, April 5, 2025 Effective Date

CSMS# 64680374 - GUIDANCE - Reciprocal Tariffs, April 5 and April 9, 2025 Effective Dates

Federal Register 90 FR 15041 - Regulating Imports With a Reciprocal Tariff To Rectify Trade Practices That Contribute to Large and Persistent Annual United States Goods Trade Deficits