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ARTICLE · 06 AUGUST 2025

Modifications To Reciprocal Tariffs Signal Further Development In Trump Trade Policy

Cassidy Levy Kent LLP
Cassidy Levy Kent LLP
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Cassidy Levy Kent LLP

Cassidy Levy Kent LLP

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On July 31, 2025, President Donald Trump issued an Executive Order (EO) titled "Further Modifying the Reciprocal Tariff Rates," acting under the International Emergency Economic Powers Act (IEEPA).

GlobalInternational Law

On July 31, 2025, President Donald Trump issued an Executive Order (EO) titled "Further Modifying the Reciprocal Tariff Rates," acting under the International Emergency Economic Powers Act (IEEPA). This EO builds on the "reciprocal" tariffs imposed in April of this year pursuant to Executive Order 14257 by modifying certain country-specific tariff rate assignments and introducing new procedural safeguards. Broadly, this is a further step towards implementing the President's "America First Trade Policy." The modified "reciprocal" tariffs set out in the EO will be applied on imports effective August 7, 2025.

The revised tariff framework also operates as a status update for bilateral negotiations with various key U.S. trading partners. As with earlier trade measures, the only countries "exempted" from the reciprocal tariff measures are those with which the U.S. lacks normal trading relations (Belarus, Cuba, North Korea, and Russia) as these imports are already subject

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