Last Update 11/05/2025
Please find the link for the Presidential Executive Order on the reducing of the IEEPA tariff from 20% to 10%.
Sec. 2. Implementation. (a) All articles that are subject to the additional ad valorem rate of duty of 20 percent under Executive Order 14195, as amended, shall instead be subject to an additional ad valorem rate of duty of 10 percent. Accordingly, subchapter III of chapter 99 of the Harmonized Tariff Schedule of the United States (HTSUS) shall be modified as follows:
Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern standard time on November 10, 2025:
(i) 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
(ii) 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.
I am currently reviewing whether this change will be impacted by the Entry Release date, Shipment Arrival date, or the filing of the entry on the daily statement.
For any shipments arriving into the U.S. with country of origin China between now and Monday, November 10th, we will verify the method that allows us to take advantage of the tariff reduction, while also avoiding substantial storage or demurrage charges. We can not guarantee that this will be successful, as we do not know at this point until US Customs or Trade issues a determination as to when exactly the new change is triggered.
If you have any questions, please feel free to reach out.
Your Content Goes HereLink below is the fact sheet on the US/China negotiations on tariffs. Please note that there has been some confusion that the tariffs are going away. What is changing is the 20% IEEPA tariff is being reduced to 10%. All other tariffs are still in place. The below reference to tariff exclusions deals with HTS#s that are currently exempt of the Section 301 tariffs, will not expire this year as originally planned, and will stay in effect through 2026.
- The United States will lower the tariffs on Chinese imports imposed to curb fentanyl flows by removing 10 percentage points of the cumulative rate, effective November 10, 2025, and will maintain its suspension of heightened reciprocal tariffs on Chinese imports until November 10, 2026. (The current 10% reciprocal tariff will remain in effect during this suspension period.)
- The United States will further extend the expiration of certain Section 301 tariff exclusions, currently due to expire on November 29, 2025, until November 10, 2026.
Like most all deals happening, these are subject to change.
