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Trump Signs Executive Order Imposing Additional 40% Tariff on All Tax-evasion Transshipped Goods
US President Donald Trump signed an executive order modifying reciprocal tariffs for dozens of countries, with new tariff rates ranging from 10% to 41%, according to foreign media....
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Trump Signs Executive Order Imposing Additional 40% Tariff on All Tax-evasion Transshipped Goods
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US President Donald Trump signed an executive order modifying reciprocal tariffs for dozens of countries, with new tariff rates ranging from 10% to 41%, according to foreign media. Meanwhile, all goods deemed to be transshipped to avoid applicable tariffs will be subject to an additional 40% tariff.

Pursuant to the executive order, the new tariff rates will apply to consumer goods entering the US on or after 12:01 am eastern daylight time 7 days after the order is issued, with some exceptions.

Related NewsLatest US-CN Trade Talks Set to Begin Soon; Trump: Both Countries Very Close to Deal

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