Breaking Trade News: 10% Tariff, NTE Report, CIT Settlement
Here is a recap of the latest customs and international trade news:
Administration
- President Trump signed an Executive Order imposing a universal 10% tariff on all imports from ALL countries, effective 12:01 a.m. EDT on April 5, 2025. Additional country-specific tariffs will also apply.
- President Trump signed an Executive Order ending de minimis treatment for goods from China and Hong Kong starting May 2.
- The annex to the Section 232 auto tariff proclamation has been released. The annex lists tariff subheadings subject to the 25% tariffs on automobiles beginning April 3, and setting the effective date for tariffs on auto parts at May 3.
United States Trade Representative (USTR)
- USTR submitted the 2025 National Trade Estimate (NTE) to President Trump and Congress. The NTE is an annual report detailing foreign trade barriers faced by U.S. exporters and USTR’s efforts to reduce those barriers.
- USTR held public hearings regarding proposed actions in the Section 301 investigation on China’s targeting of the maritime, logistics, and shipbuilding sectors for dominance.
Customs and Border Protection (CBP)
- CBP issued guidance on the 25% duty on imports of passenger vehicles and […]




