New IEEPA Reciprocal Tariffs Announced – What Importers Need to Know

 The U.S. government has announced new reciprocal tariffs under IEEPA that will take effect this April.

• Effective April 5, 2025: A 10% reciprocal tariff will apply to goods originating from countries not listed in Annex I.
• Effective April 9, 2025: Goods from countries listed in the Annex will be subject to increased tariff rates exceeding 10%. Specific country rates can be found in the Annex.

 Some commodities will not be subject to these reciprocal tariffs, including:

• Steel and aluminum goods already under Section 232 tariffs
• Automotive and automotive parts under Section 232

Please note these new tariffs will stack with any previously enacted tariffs.

Our Customs Brokerage team is closely monitoring these developments and will continue to share updates as more information becomes available.

We’re here to help you understand how these changes may impact your imports or supply chain strategy, support your compliance, and minimize delays.