#TariffsPause
[٢٦/٤، ٨:١٢ م] Meta AI: The United States has recently implemented a 90-day pause on certain tariffs imposed on several countries, excluding China. Here's what's happening:
Tariff Pause Details
- The pause, effective from April 10, 2025, to July 9, 2025, suspends additional tariffs beyond the base 10% tariff applicable to countries listed in Annex I, except for China.
- During this period, articles imported from these countries will be subject to an additional ad valorem rate of duty of 10%.
- The pause aims to facilitate negotiations with trading partners and potentially lead to more favorable tariff arrangements ¹.
Impact on Trading Partners
- Over 75 foreign trading partners, including countries enumerated in Annex I, have approached the US to address non-reciprocal trade arrangements and align with the US on economic and national security matters.
- These countries will benefit from the temporary suspension of individual ad valorem duties during the 90-day period.
China's Situation
- China has announced retaliatory tariffs, including an 84% tariff on US exports, prompting the US to increase tariffs on Chinese goods.
- The US has further increased tariffs on Chinese goods, with an additional ad valorem rate of duty of 125% effective April 10, 2025 ¹.
Implications for Companies
- Companies doing business in the US may face uncertainty and potential increased costs due to tariffs.
- Publicly-reporting companies may need to disclose the impact of tariffs on their business in their quarterly earnings reports ².
[٢٦/٤، ٨:١٢ م] Meta AI: The United States has recently implemented a 90-day pause on certain tariffs imposed on several countries, excluding China. Here's what's happening:
Tariff Pause Details
