Effective12:01 a.m. on March 4th, 2025, products of China and Hong Kong will be subject to a 20% IEEPA tariff.
If goods were loaded on a vessel or in transit on the final mode of transport prior to 12:01 a.m. on February 1st, 2025, and entered before March 7th 12:01 a.m., then additional tariffs will not apply. However, if this condition does not apply and the shipments were released between February 4th and March 3rd, a 10% tariff was applicable. For goods released from 12:01 a.m. on March 4th onward, a 20% tariff will apply.
These tariffs are in addition to any other applicable duties, tariffs, and fees that may apply. Please note that they will not be eligible for duty drawback. For full details, please refer to the update of the Executive Order