Administration pauses most reciprocal tariffs, increases duties on China
by National Marine Manufacturers Association 10 Apr 14:34 PDT
United States Capitol © SEA.AI
On April 9, President Trump announced a 90-day pause on the country-specific reciprocal tariffs, applicable to countries not currently imposing retaliatory measures against the United States.
A 10% universal tariff rate is still in effect for all trade partners except China, where the administration raised tariffs on imports to 125%, with some U.S. manufacturers potentially facing duties as high as 150% (including existing Section 301 tariffs). The administration indicated the pause is intended to support continued trade negotiations.
In a statement, NMMA President and CEO Frank Hugelmeyer said:
"The National Marine Manufacturers Association (NMMA) welcomes President Trump's decision to temporarily suspend country-specific tariffs for most trading partners.
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