Despite the renegotiated China US Trade Deal - We're not out of the woods yet, people!
Best case scenario for the next 90 days, even if your item is duty free you still pay 45% of the cost of your goods (commercial invoice value).
Rate of duty as of 5/14/25 for 90 days after for China is:
20% for heading 9903.01.24 (Trump's first term) Section 301
https://hts.usitc.gov/search?query=99...
25% for heading 9903.88.03 (Trump's 2nd term) IEEPA
https://hts.usitc.gov/search?query=99...
34% for heading 9903.01.63 (Trump's Recent Reciprocal tariffs) - Should be suspended 90 days.
https://hts.usitc.gov/search?query=99...
For certain commodities, more tariffs are assessed.
#chinatariffs #trumptariffs #tariffs #chinanews #logistics #import