• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
90-Day-Pause-on-Select-Tariffs

Trump Announces 90-Day Pause on Select Tariffs Amid Ongoing Trade Actions

04/10/2025
Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

Anwar Urges ASEAN to Enhance Economic Ties and Tackle Challenges

05/23/2025
U.S. Government Explores Policy Options on Tariff-Related Price Increases

U.S. Government Explores Policy Options on Tariff-Related Price Increases

05/22/2025
Global retailers consider spreading tariff costs across markets

Global retailers consider spreading tariff costs across markets

05/22/2025
Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

Walmart Will Absorb Some Tariff Costs, Says Treasury Secretary Bessent

05/19/2025
Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

Trump Administration Reaffirms Tariffs for Nations Avoiding Trade Talks

05/19/2025
Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

Apple Expands India Manufacturing Amid Uncertainty from U.S.-China Trade Shift

05/19/2025
Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

Tariff Cuts on Chinese Imports Unlikely to Ease Prices or Product Shortages

05/19/2025
Companies Announce Price Increases in Response to New U.S. Tariffs

Companies Announce Price Increases in Response to New U.S. Tariffs

05/19/2025
APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

APEC Adopts Joint Statement Highlighting Trade Challenges Amid Tariff Concerns

05/19/2025
Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

Trump Says India May Drop Tariffs, Urges Apple to Boost U.S. Manufacturing

05/16/2025
Tariffs on Chinese Goods Expected to Stay High Through 2025

Tariffs on Chinese Goods Expected to Stay High Through 2025

05/16/2025
APEC Members Agree on Trade Statement Amid Tariff Tensions

APEC Members Agree on Trade Statement Amid Tariff Tensions

05/16/2025
supplychainreport
Thursday, May 29, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Trump Announces 90-Day Pause on Select Tariffs Amid Ongoing Trade Actions

by Mich M.
04/10/2025
in Tariffs & Duties

On Wednesday, U.S. President Donald Trump announced a 90-day pause on certain tariffs affecting a wide range of global trading partners. The decision temporarily reduces tariff rates on many imported goods while raising others, most notably those from China. The move comes amid recent financial market volatility and follows a series of rapid policy changes in the administration’s trade approach.

Key Details of the Tariff Pause
Under the new policy, many goods imported from a broad group of countries will be subject to a 10% tariff for the next 90 days. This includes a pause on higher reciprocal tariffs for 57 trading partners—among them the European Union, Japan, and South Korea—who will now face the baseline 10% rate during this period. For other countries, including Brazil, Australia, the United Kingdom, and Colombia, the 10% tariff introduced on April 5 will continue unchanged during the 90-day window.

YOU MAY ALSO LIKE

U.S. Government Explores Policy Options on Tariff-Related Price Increases

Global retailers consider spreading tariff costs across markets

China Tariffs Increased to 125%
In contrast to the general tariff easing, duties on Chinese goods have been significantly increased. Following a series of escalating tariff measures between the U.S. and China, the Trump administration raised tariffs on Chinese imports to a total of 125% since taking office. This includes newly announced increases in response to China’s own tariff actions.

Canada and Mexico Not Included in Pause
The tariff pause does not extend to Canada and Mexico. Goods from these countries remain subject to 25% tariffs linked to fentanyl-related enforcement unless they meet the rules of origin requirements under the U.S.-Mexico-Canada Agreement (USMCA). Products compliant with USMCA provisions continue to be exempt from these duties.

Auto and Metal Tariffs Unaffected
Tariffs of 25% on steel and aluminum, introduced in March, and on automobiles, which began on April 3, remain in effect. A separate 25% tariff on auto parts is scheduled to take effect on May 3.

Sector-Specific Exemptions Continue
Several sectors remain excluded from the broad tariff measures, including copper, lumber, semiconductors, pharmaceuticals, and critical minerals. While currently exempt, these sectors may be reviewed in upcoming trade investigations, which could result in new duties. Energy products such as oil and gas also remain exempt under the current order.

Stay informed on supply chain news at The Supply Chain Report. Free international trade tools are at ADAMftd.com.

#Tariffs #TradePolicy #GlobalTrade #USChinaTrade #ImportDuties #InternationalTrade #TradeAgreements #SupplyChainImpact #EconomicPolicy #TradeNews

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.