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State of U.S. Tariffs: May 12, 2025

Summary by LexBlog
Overview Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and its impacts on imports from multiple countries. IEEPA Tariffs IEEPA tariffs were announced on February 1, 2025 and went into effect on February 4, 2025.  The current tariff burden is as follows Goods with Country of Origin China (including Hong Kong)             20% Tariff rates were originally 10% and then were increased to …

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Yale University broke the news in on Wednesday, May 14, 2025.
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