President Trump’s Executive Order Delays July 9th Reciprocal Tariff Implementation to August 1st at 12:01 AM EDT

President Trump issued an Executive Order, which officially postpones the effective date of the country-specific reciprocal tariffs from 12:01 AM EDT on July 9th to 12:01 AM EDT on August 1st.

The country-specific reciprocal tariffs were first announced by the Trump Administration on April 2nd, but were postponed 90-days on April 9th.

“I have determined, based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners, that it is necessary and appropriate to extend the suspension effectuated by Executive Order 14266 until 12:01 AM EDT on August 1st, 2025. With respect to the PRC, the separate tariff suspension effectuated by Executive Order 14298 of May 12th, 2025 (Modifying Reciprocal Tariff Rates To Reflect Discussions With the People’s Republic of China), remains in effect and is unaltered by this order,” President Trump said in the Executive Order.

“The Harmonized Tariff Schedule of the United States (HTSUS) shall be modified, effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 AM EDT on July 9th, 2025, by suspending headings 9903.01.43 through 9903.01.62 and 9903.01.64 through 9903.01.76, and subdivisions (v)(xiii)(1)-(9) and (11)-(57) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS, until 12:01 AM EDT on August 1st, 2025,” the Executive Order added.

President Trump Sets New Reciprocal Tariff Rates for 14 Countries Beginning August 1st

President Donald Trump shared screenshots of letters that he is sending to trade partners Japan, South Korea, Thailand, Indonesia, and Malaysia, informing them what rates their goods will face at the border starting August 1st, 2025. Companies are currently paying a 10% universal US tariff that Trump imposed on imports from some 180 nations.

These rates are separate from goods subject to sectoral tariffs, such as autos and auto parts, steel and aluminum, and, at the moment, goods that are under Section 232 investigation but not yet tariffed, such as medicines, lumber, aerospace, electronics and copper. The rates he announced were generally similar to, but not always identical to, those he announced in April and that took effect April 9th, then delayed for 90 days after a stock market sell-off. The letters say that if any of these countries retaliate, those higher tariffs will be added to the rates he just announced. The letters also leave open the possibility of negotiation and further hikes. The countries that Trump talked about all have trade surpluses with the US; however, Kazakhstan, Laos and Myanmar are not even in the top 50 sources of imports to the US.

RIM logistics, ltd. will continue to closely monitor this evolving situation and provide updates as necessary. Please reach out to your RIM representative if you have any further questions.