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China Tariff Updates
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Modifying Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China
Key Elements:
-The United States will reduce the additional ad valorem rate of duty applicable under Executive Order 14195, as amended, from 20 percent to 10 percent, effective November 10, 2025
-“I have determined that it is necessary and appropriate to deal with the national emergency declared in Executive Order 14195 by reducing the additional ad valorem rate of duty applicable under Executive Order 14195, as amended, to 10 percent, effective November 10, 2025,” President Trump.
-heading 9903.01.24 is amended by deleting “20%” each place that it appears and inserting “10%” in lieu thereof and by deleting “or U.S. note 2(w) to this subchapter”; and subdivision (u) of U.S. note 2 is modified by deleting “20%” and inserting “10%” in lieu thereof and by deleting “March 4, 2025” and inserting “November 10, 2025” in lieu thereof.
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Modifying Reciprocal Tariff Rates Consistent with the Economic and Trade Arrangement Between the United States and the People’s Republic of China
Key Elements:
-The United States will maintain the suspension of heightened reciprocal tariffs on imports of the PRC until 12:01 a.m. eastern standard time on November 10, 2026
-“I have determined that it is necessary and appropriate to deal with the national emergency declared in Executive Order 14257 by implementing the Arrangement between the United States and the PRC. Therefore, I determine that it is necessary and appropriate to continue the suspension of the heightened reciprocal tariffs on imports of the PRC until 12:01 a.m. eastern standard time on November 10, 2026,” President Trump.
-heading 9903.01.24 is amended by deleting “20%” each place that it appears and inserting “10%” in lieu thereof and by deleting “or U.S. note 2(w) to this subchapter”; and subdivision (u) of U.S. note 2 is modified by deleting “20%” and inserting “10%” in lieu thereof and by deleting “March 4, 2025” and inserting “November 10, 2025” in lieu thereof.
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