China-US tariffs

11/04/2025
On April 2, 2025, local time, Trump announced at the White House the implementation of so-called "reciprocal tariffs" on trade partners and signed the relevant executive order. According to this order, the United States will calculate the total tariffs, non-tariff barriers, and other forms of comprehensive tax rates imposed by countries that pose significant threats to the U.S. Although these tariffs are not entirely reciprocal, the U.S. will charge these countries approximately half of the calculated fees.
 Exemption Clauses
Under the provisions of Title 50 USC 1702(b) of the United States Code, certain items are exempt from this "reciprocal tariff" measure. These items include humanitarian supplies such as food, clothing, and medicines used for donations and relief. Additionally, 20% of the tariffs under the International Emergency Economic Powers Act (IEEPA) are not affected by this executive order.
 Affected Products
Products subject to the "reciprocal tariff" measure will have an additional 20% tariff imposed. This means that if a product originally had a tariff rate of 10%, after the additional 20% tariff is applied, the final tariff rate will become 30%.
 Automobile Tariffs
Automobile tariffs will also be affected by this executive order. If a country imposes tariffs on U.S. automobiles, the U.S. will levy corresponding tariffs on that country's automobiles based on the "reciprocal tariff" measure. Specifically, the U.S. will calculate the comprehensive tax rate of that country and charge approximately half of the calculated fees. Moreover, affected automobile products will also have an additional 20% tariff imposed.
 Summary
Exemptions: Humanitarian supplies and 20% of IEEPA tariffs are not affected.  
Affected Products: Various products, including automobiles, will have an additional 20% tariff imposed.  
Automobile Tariffs: Based on the "reciprocal tariff" measure, the U.S. will levy corresponding fees on automobiles from countries that impose tariffs and apply an additional 20% tariff.
This measure is likely to have a significant impact on global trade, particularly on the automobile industry and related supply chains.