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ARTICLE · 12 NOVEMBER 2025

Trump Tariff Tracker – November 7

Baker Botts L.L.P.
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Following the trade agreement reached between the U.S. and China that was announced at the end of October, this week, the Trump Administration took a number of measures to implement commitments made in the agreement.

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Following the trade agreement reached between the U.S. and China that was announced at the end of October, this week, the Trump Administration took a number of measures to implement commitments made in the agreement. In two Executive Orders, President Trump lowered the IEEPA-based tariffs imposed on Chinese imports. In Executive Order 14358, President Trump suspended the heightened reciprocal tariffs on imports from China until November 10, 2026, but maintained the baseline 10% reciprocal tariff through that date. In Executive Order 14357, President Trump reduced the fentanyl-related tariffs on imports from China from the current ad valorem tariff rate of 20%, down to a rate of 10%, effective November 10, 2025.

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