On April 2, 2025, the United States government declared a “national emergency” in the field of international trade and introduced a series of extraordinary measures through the implementation of a reciprocal tariff regime.

According to the Executive Order issued on April 2, 2025, starting April 5, an additional ad valorem tariff of 10% will apply to all imports from all trading partners.
Beginning April 9, 2025, tariffs will increase and will be determined based on different rates set by the White House, as outlined in Annex I.


For European Union imports, a 20% tariff will apply to all products except for:

  • items listed in Annex II (including pharmaceuticals, copper, and other exempted goods),

  • steel and aluminum products, which are already subject to a 25% tariff since March 12, 2025,

  • motor vehicles and related parts, subject to a 25% tariff starting April 2, 2025.


As for Canada and Mexico, tariffs will apply in a differentiated manner:

  • some products will fall under the 25% additional tariff,

  • others may benefit from a reduced 12% rate if they qualify under origin rules set by existing trade agreements.

These new tariffs will be added to any existing duties or taxes.
For example, Chinese products will remain subject to the 20% tariffs introduced on February 4, in addition to the new 34% ad valorem tariff.

The U.S. Administration has stated it is open to reducing tariffs if trading partners implement policies that are more favorable to U.S. interests.
Conversely, if the national emergency worsens, tariffs may be expanded or increased further.