14 Apr 2025
📦Amendment to Tariffs and Duties on Low-Value Imports from China
Amendment to Reciprocal Tariffs and Updated Duties as Applied to Low-Value Imports From the People's Republic of China
Summary
Executive Order 14259 modifies reciprocal tariffs and duties applied to low-value imports from China in response to ongoing trade imbalances. The order outlines new duty rates, increased tariff measures in retaliation to Chinese tariffs, and mandates actions for implementation by relevant U.S. agencies to safeguard national security and economic stability.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The Executive Order imposes significant tariffs on imports from China, impacting costs for businesses relying on these goods. Compliance with updated tariff schedules and potential retaliatory measures can affect pricing strategies and supply chain decisions, making financial planning crucial.