UPDATE: PRESIDENT TRUMP EXTENDS THE SUSPENSION OF INCREASED RECIPROCAL TARIFFS ON CHINA
In an executive order signed by President Trump on August 11th, he has extended the suspension of the increased reciprocal tariff that was to be imposed on China on August 12th.
The reciprocal tariff of 10% will remain in effect until 12:01 am eastern standard time on November 10, 2025.
The 20% tariff pursuant to the IEEPA fentanyl issue remains unchanged.
If you have any questions, please contact your Schayer representative.
To view the executive order at the Whitehouse.gov website, please click the link below.
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