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ARTICLE · 17 APRIL 2025

President Trump Suspends Most Reciprocal Tariffs For 90 Days, While Significantly Increasing Tariffs On China

WilmerHale
WilmerHale
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WilmerHale

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On April 2, 2025, President Donald Trump issued an executive order (Reciprocal Tariffs EO) imposing a 10% baseline reciprocal tariff on nearly all US trading partners, effective April 5...

GlobalInternational Law

On April 2, 2025, President Donald Trump issued an executive order (Reciprocal Tariffs EO) imposing a 10% baseline reciprocal tariff on nearly all US trading partners, effective April 5, and an additional reciprocal tariff on 57 countries, effective April 9.1 As WilmerHale previously reported, President Trump invoked the International Emergency Economic Powers Act (IEEPA) to justify the tariffs; this 1977 statute had never been used to impose tariffs prior to this second Trump term.

As initially announced on April 2, seven of the United States' top 10 trading partners were among the 57 countries facing an additional reciprocal tariff.2 The total reciprocal tariff rates (including the baseline tariff and the additional tariff) for each of these trading partners were 34% for China, 20% for the European Union, 46% for Vietnam, 32% for Taiwan, 24% for Japan, 27% for India and 26% for South Korea.3

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