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.
Related Posts
USTR: New Section 301 Fees Imposed on Chinese-Owned, Operated, and Built Vessels, Plus All Foreign Vehicle Carriers
There are new Section 301 fees for vessels owned, operated, or built in China, and for all foreign-built vehicle carrier vessels. The burden for determining if a vessel owes the fee is on the operator, NOT CBP. Fees must be paid through pay.gov. Annex 1: Effective as of October 14, 2025, a fee in the…
DOJ: Los Angeles Clothing Importer Sentenced for $17 Million Tax Evasion and $8 Million Customs Fraud in Operation Take Back America
A wholesale clothing importer located in the Fashion District of downtown Los Angeles has been sentenced for avoiding the payment of more than $8 million in customs duties on imported clothing more than $17 million in tax evasion. The scheme involved importing apparel from China and other nations and then exporting said clothing to customers…
MOFCOM: China Tightens Grip on Rare Earth Exports, Imposes New Restrictions on Key Tech and Energy Materials
China announced new control and export restriction measures on materials and technologies related to rare earths – key resources for the digital, automotive and energy industries. “Starting from November 8, items related to super-hard materials, equipment and raw materials linked to rare earths, the five medium and heavy rare earth elements including holmium, lithium batteries,…
Justice: Maine Man Charged Under Lacey Act for Trafficking Bird and Whale Parts Imported from Eastern Europe
A man in Maine was caught trafficking bird and whale parts, which violates the Lacey Act. He imported them from Eastern Europe to sell in the US. He is facing a maximum penalty of five years in prison, three years of supervised release, and a fine of up to $250,000 or twice the gain or…