The US customs started collecting 10% for imports. Other higher fees come into effect next week
The US customs authorities started on Saturday, April 5, to collect the unilateral tariff of 10% for all imports from several countries, in accordance with President Donald Trump's decision.
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The measure represents the first stage of a major change in the US commercial policy, following that, from Wednesday, April 9, there will be entered rates “Mutual” Higher, between 11% and 50%, reports Reuters.
The basic tariff entered into force at 12:01 ET (04:01 GMT), being applied in all ports, airports and customs warehouses in the US. The measure represents an important step in the direction of rejecting the mutually agreed tariff system, implemented after the Second World War.
Among the first countries targeted by the new tax are Australia, UK, Colombia, Argentina, Egypt and Saudi Arabia.
For the goods already in transit to the US before the entry into force of the tariff, a 51 -day grace period was provided. Thus, they will be exempt from payment if they reach the destination until May 27, at 12:01 et.
Starting on Wednesday, the rates increased for countries that maintain high commercial barriers will come into force. The European Union will be targeted by a 20%fee, while for Chinese goods the fare will climb to 34%, reaching a total of 54%if already existing taxes are included.
These new rates will not apply to goods subject to separated rates of “National Security” 25%, such as steel, aluminum, cars, trucks and car parts.
At the same time, the Trump administration has published a list of over 1,000 product categories that will be exempted from the new taxes. These include oil, petroleum products, medicines, uranium, titanium, timber, semiconductors and copper. These are goods rated at $ 645 billion in 2024 imports.
According to former White House commercial counselor, Kelly Ann Shaw, current commercial lawyer, these rates could be renegotiated over time, but change is “Pretty seismic and significant” For the way the US makes trade with the rest of the world.
