August 1st, 2025 – President Trump issued an Executive Order modifying tariff rates to address the national emergency declared in April 2025, citing persistent trade deficits and nonreciprocal trade practices as threats to U.S. national security and economic stability. Building on Executive Order 14257, this order imposes new ad valorem duties on imports from specific trading partners based on updated assessments and negotiations. Countries that have reached or are close to reaching trade and security agreements with the U.S. will face tailored tariffs, while others remain subject to a 10% default tariff. The order also outlines specific rules for the European Union, prevents duty evasion via transshipment with harsh penalties, and empowers federal agencies to monitor compliance, publish enforcement data, and recommend future actions. It ensures that agencies can adjust regulations to implement these changes and confirms that the tariff measures will be revised as needed based on foreign partner responses or retaliation. This comprehensive directive underscores the administration’s ongoing effort to protect American industries, incentivize domestic manufacturing, and restore balanced trade relationships.
Read the fact sheet here: Fact Sheet: President Donald J. Trump Further Modifies the Reciprocal Tariff Rates – The White House
Read the Executive Order here: Further Modifying the Reciprocal Tariff Rates – The White House
Should you have any questions, please contact our Import Compliance team or call us at 518-785-6000.
