China’s IEEPA Reciprocal Tariff Increase Paused another 90 Days
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China’s IEEPA Reciprocal Tariff Increase Paused another 90 Days
Posted on Aug 12
By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS
The White House issued an Executive Order late Tuesday, August 11th, extending the pause on China’s IEEPA Reciprocal tariff increase that was mere hours away from being implemented.
With a 90 day pause the IEEPA Reciprocal rate for goods imported from China will remain at 10%, potentially set to increase to a previously listed 34% in the original IEEPA Reciprocal Annex I list, until November 10th.
We will continue to monitor the situation and provide updates as they become available. Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.