U.S. Imposes Reciprocal Tariffs: Key Takeaways for Businesses
By EsqSocial Corporation 07/04/25
On April 2, 2025, President Trump issued an executive order imposing the long-awaited “reciprocal” tariffs on all imported products into the U.S. from all countries. This executive order implements a 10 percent baseline general duty rate that will go into effect on April 5, 2025, in addition to the previously paid baseline duty for the imported product, which was based on the harmonize tariff schedule of the U.S. (“HTSUS”) code of the product....
By: Amundsen Davis LLC