Yesterday, President Trump announced a 90-day postponement of the individualized reciprocal tariffs for most countries (see our blog post on these tariffs here), with the notable exception of China. This decision comes amidst ongoing global trade tensions and aims to provide temporary relief to international trade partners. However, the baseline tariff of 10% for most countries worldwide, which took effect on April 5, 2025, remains in place without a specified end date.
China had previously indicated its intention to impose an 84% tariff on imports of US goods, a move that significantly escalated the trade dispute between the two economic giants. In response, President Trump announced additional tariffs on Chinese imports, bringing the total tariff rate on Chinese-originating goods to 145%.
Baker McKenzie closely monitors the developments and issues regular alerts accordingly – please also check our Import and Trade Remedies Blog and Looking Ahead: Business Impacts of the Trump Administration for regular updates and insight.
