Further Adjustments To Reciprocal Tariffs

This article is current at the time of posting.

On September 5, 2025, President Trump issued an Executive Order (the Order) to modify the scope of "reciprocal tariffs" previously imposed under the International Emergency Economic Powers Act (IEEPA) and to identify those products that might be subject to no reciprocal tariffs whatsoever in the event a trade agreement is reached. Background on the reciprocal tariffs can be found in our previous blog post.

While the Order signals a willingness to accommodate requests for tariff relief, particularly where domestic alternatives to these imports do not exist, the scope of exclusions remains narrow and targeted, primarily benefiting sectors tied to manufacturing and national security.