Liberation Day & Latest Tariff Changes: Latest developments regarding U.S. trade policies
3 April 2025
The recent announcement of new tariffs by President Trump is expected to impact global trade flows, supply chains, and shipping costs, particularly for goods crossing U.S. borders.
Key Tariff Updates
- 10% Baseline Tariff – Effective April 5, 2025, at 12:01 AM (ET).
- Reciprocal Tariff Rates – Effective April 9, 2025, at 12:01 AM (ET).
These measures will affect trade between the United States and multiple countries. If your business is engaged in importing or exporting goods to or from the U.S., it is essential to evaluate how these changes may impact your shipments, costs, and logistics strategy.
These new tariffs are in addition to the already in place additional tariffs below:
- International Emergency Economic Powers Act (IEEPA) – additional 20% duty on all Chinese manufactured goods
- Steel and Aluminium 25% tariffs from ALL countries
- Steel and Aluminium derivative duties
- Vehicle & Vehicle Parts
Our team is committed to keeping you informed and minimizing disruptions to your operations. If you have any concerns or require assistance in planning for these tariff adjustments, please do not hesitate to reach out. We are here to provide guidance and support to help you navigate these changes effectively.