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Trump Signals New Tariffs on Exempted Products, USTR Announces Shipbuilding Final Decision
Member Exclusive

Trump Signals New Tariffs on Exempted Products, USTR Announces Shipbuilding Final Decision

The Trump administration took the first step this week to place new duties on products temporarily exempted from US reciprocal tariffs unveiled on April 2. President Donald Trump last weekend announced exemptions for a wide range of electronics, including smartphones and semiconductor manufacturing equipment, offering a reprieve from tariff rates as high as 195%.

Washington Update USCBC Government Affairs
Trump Raises Reciprocal Tariffs on China to 125%, Administration’s Trade Policy Faces Scrutiny at Greer Hearing

Trump Raises Reciprocal Tariffs on China to 125%, Administration’s Trade Policy Faces Scrutiny at Greer Hearing

President Donald Trump on Wednesday declared a 90-day pause on reciprocal tariffs for all countries except China, increasing China’s rate to 125%. Added to the 20% tariffs imposed last month to address fentanyl concerns, these new duties bring the overall punitive US tariff rate imposed on Chinese goods this year to 145%.

Washington Update USCBC Government Affairs
Trump Announces New and Expansive Reciprocal Tariffs
Member Exclusive

Trump Announces New and Expansive Reciprocal Tariffs

President Donald Trump on Wednesday unveiled his reciprocal tariff plan, which imposes a 10% baseline tariff on most countries and much higher tariffs on certain trading partners, including a 34% rate for China that will go into effect at midnight on April 9.

Washington Update USCBC Government Affairs
Trump Narrows Tariff Plans, Senator Daines Visits Beijing, and USTR Holds Hearing on Chinese Shipbuilding
Member Exclusive

Trump Narrows Tariff Plans, Senator Daines Visits Beijing, and USTR Holds Hearing on Chinese Shipbuilding

President Donald Trump suggested this week that next week’s reciprocal tariff announcement may be more narrow than first portrayed. He noted that the tariffs will “be more lenient than reciprocal,” with some exceptions and the possibility that not all tariffs will be announced on April 2.

Washington Update USCBC Government Affairs
Trump Imposes Additional 10% Tariff on Chinese Imports, Eliciting Strong Response From Beijing
Member Exclusive

Trump Imposes Additional 10% Tariff on Chinese Imports, Eliciting Strong Response From Beijing

President Donald Trump on Tuesday followed through on his threat to increase the baseline tariff rate on all Chinese products from 10% to 20%, effective immediately. The announcement cites China’s inaction to stop the flow of fentanyl precursor chemicals to North America. The administration has not indicated plans for an exclusion process.

Washington Update USCBC Government Affairs
China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance
The White House
Member Exclusive

China Announces Retaliatory Tariffs, China De Minimis Scrapped, and Greer Goes Before Senate Finance

China on Tuesday announced new tariffs and export controls in response to the United States imposing a 10 percent tariff, on top of existing tariffs, on all Chinese imports. Despite speculation that President Donald Trump and President Xi Jinping would speak by phone this week and potentially ease their respective tariff rulemakings, a call has not taken place and Trump indicated on Tuesday that he was “in no hurry” to do so.

Washington Update USCBC Government Affairs
Tariff Threat Looms, White House Reacts to DeepSeek, and Senate Discusses China’s Global Influence
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Tariff Threat Looms, White House Reacts to DeepSeek, and Senate Discusses China’s Global Influence

President Donald Trump’s Cabinet is aligned on a need for more tariffs, though the administration has yet to outline exactly when and how to do so, including determining which products and countries to target, as well as how high to set the duties. White House Press Secretary Karoline Leavitt indicated this week that Trump plans to levy tariffs on Mexico and Canada on February 1 and that he is still “considering” imposing a 10 percent tariff on all Chinese goods on the same day.

Washington Update USCBC Government Affairs
What Trump’s First Week Means for China Trade Policy
Member Exclusive

What Trump’s First Week Means for China Trade Policy

President Donald Trump opted not to raise tariffs on China during the first week of his administration. Instead, he on Monday issued a regulatory freeze and directed executive department heads to review all new rules published under the Biden administration that have not taken effect, a move that could halt several rules with operational impacts for USCBC member companies.  The White House also issued a trade policy memorandum later that evening directing federal agencies, primarily the Department of Commerce, Treasury, and the Office of the US Trade Representative, to conduct a top-to-bottom review of US trade policy.

Washington Update USCBC Government Affairs
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