New tariffs previously announced by President Donald J. Trump went into effect this week, including (1) broad 10% “reciprocal” tariffs on goods imported into the United States, and (2) higher country-specific tariffs for goods originating from 57 countries. President Trump also imposed an additional 50% tariff on goods from China, effective April 9, 2025.
View other S&C insights relating to President Trump’s recent executive orders.