President Trump Issues Universal Reciprocal Tariff and Higher Individualized Rates; Removes De Minimis Exemption for Chinese Goods
By EsqSocial Corporation 03/04/25
On April 2, 2025, President Trump issued an Executive Order (“EO”) imposing a 10% universal tariff on imports from all countries (with certain exceptions described below) pursuant to the International Emergency Economic Powers Act of 1977 (“IEEPA”). These tariffs will take effect at 12:01 a.m. eastern standard time on April 5, 2025....
By: Husch Blackwell LLP