Key Changes, Shifts & Surprises in Trade This Year! From tariff updates to trade policy shifts, 2025 has been a year full of change. In the first session of our webinar series, we’ll take a look back at what shaped…
CBP: U.S. Issues Steep Tariffs on Imports from China, Hong Kong, and Macau
CBP: U.S. Issues Steep Tariffs on Imports from China, Hong Kong, and Macau
April 11, 2025/
An update was published under the April 9, 2025, Executive Order titled “Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment.” The order imposes steep new rates: items originating from China, Hong Kong, and Macau will now fall under tariff code 9903.01.63 at a 125% duty rate, while all other affected imports will face a 10% tariff. These measures are expected to remain in effect for 90 days, pending further developments in global trade negotiations.
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