New US tariffs come into effect today: tariff for China raised to 104%
The United States of America has imposed increased tariffs on China, which will take effect today, April 9, 2025.
This is stated in a White House statement.
According to Donald Trump’s order, starting April 9, 2025, after 12:01 Eastern Daylight Time, in the US trade legislation, customs tariffs on commodity items 9903.01.63 HTSUS (goods from China) will be replaced from 34% to 84%.
Earlier, White House spokeswoman Caroline Levitt said that this rate is added to Chinese tariffs that were in effect before Trump’s second term, so a rate of 104% will apply to China.
Also, starting April 9, 2025, increased tariffs will apply to other countries of the world. In particular, 20% will be added to tariffs on goods from the European Union and Jordan, 15% – Norway and Venezuela, 17% – Israel, Malawi, the Philippines and Zambia, 24% – Brunei, Japan and Malaysia, 25% – Korea, 26% – India, 31% – Libya, Moldova and Switzerland. For other countries, including Ukraine, tariffs will increase by 10%.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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