We wanted to inform you of the confirmed new tariffs on goods from China (official announcement attached), which go into effect tomorrow and will impact the import duties you pay:
Products from China will be subject to an additional 10% duty
With only a few exceptions, as of tomorrow, February 4, 2025, there will be a new 10% tariff on all products originating from China and Hong Kong. If your products are currently subject to China 301 duties (7.5% or 25%), this new tariff will be in addition to those existing rates—potentially increasing your overall duty costs significantly.
De minimis treatment removed for goods from China
the government has moved forward with eliminating duty-free treatment for de minimis shipments (orders valued under $800 that previously entered the U.S. duty-free). This means all shipments from China, regardless of value, will now be subject to import duties. While this may raise costs for some, it could help level the playing field for businesses that have been paying duties while competitors took advantage of de minimis exemptions.
Grace period for goods en route
There is an “on the water” grace period for shipments already in transit before February 1, 2025, as long as they enter the U.S. before March 7, 2025. If you have shipments currently on the way, they may still qualify under the old rules.
These changes could have a significant impact on pricing, supply chain costs, and overall business strategy.
Check out the Tariff Impact Calculator to see how your products may be impacted. Need help managing your HTS codes, check out our HTS reviews on Supply Chain Shark.
If you have any questions or need guidance on how to navigate these new tariffs, feel free to reach out.