Further Modifying the Reciprocal Tariff Rates
The order directs federal agencies to modify reciprocal tariff rates based on the status of trade negotiations and the impact of foreign trading partners' tariff rates and non-tariff barriers on U.S. exports. The modifications will apply to goods entered for consumption, or withdrawn from warehouse for consumption, after a specified date. The order also imposes additional ad valorem duties on goods from certain trading partners, replacing previous duties imposed under Executive Order 14257. For goods from the European Union, the additional ad valorem rate is determined by the good's current ad valorem rate under the Harmonized Tariff Schedule of the United States.