Here are the latest updates on Trump's trade tariff policies:

Recent Developments

- The US has suspended higher ad valorem rates on Chinese imports for 90 days, effective May 14, 2025, reducing the additional duty rate from 34% to 10%.

- The de minimis threshold for low-value imports has been adjusted, with the ad valorem rate dropping from 120% to 54%, and the current $100 per postal item duty remaining in place.

- A trade deal with the United Kingdom has been announced, aiming to expand US access to UK markets and reinforce national security, with a 10% reciprocal tariff remaining in effect.

Key Tariff Updates

- *Tariffs on China:*

- Total duty rate on Chinese imports increased to 104% on April 9, 2025.

- 90-day pause on further tariff escalations for certain Chinese imports.

- *Tariffs on Other Countries:*

- Universal 10% tariff on all imports, effective April 5, 2025.

- Country-specific tariffs apply to select nations, including those listed in Annex I.

- *USMCA and NAFTA:*

- Goods qualifying under USMCA remain eligible for duty-free treatment.

- Non-originating goods from Canada and Mexico are subject to 25% tariffs.

Upcoming Dates

- *May 2:* De minimis exemption for China and Hong Kong ends.

- *May 29:* Secretary of Commerce to release certification and application process for auto part tariff offset program.

- *June 1:* Duty rates on postal items from China to increase if not already adjusted ¹.