US Extends 10% Tariff Suspension, Announces New Country-Specific Rates
On July 7, 2025, the White House announced a two-part update to the United States' reciprocal tariff policy: an extension of the current 10% tariff suspension and the introduction of new, country-specific tariff rates effective August 1, 2025. The Executive Order extends the temporary suspension—originally implemented under Executive Order 14266—for most US trading partners through…
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