Extending the Modification of the Reciprocal Tariff Rates
This executive order (EO 14316), signed July 7, 2025, extends a temporary modification to U.S. import tariff treatment that had been put in place earlier in April 2025. It continues a suspension of certain tariff entries in the Harmonized Tariff Schedule of the United States (HTSUS) and maintains the temporary tariff structure put in place by Executive Order 14266 for specified U.S. trading partners (other than the People’s Republic of China). The extension moves the expiration date for that temporary tariff arrangement from July 9, 2025 to August 1, 2025. The order directs federal agencies to implement the changes and relies on emergency and trade authorities. The intended purpose is to give more time for ongoing discussions with trading partners who have indicated willingness to address U.S. concerns about non‑reciprocal trade practices and large, persistent goods trade deficits. Practically, the order continues temporary tariff treatment for imports from the listed partners (affecting importers, foreign suppliers, U.S. manufacturers who use imported inputs, and consumers) while negotiations continue.
Key Points
- 1Extends the temporary tariff modification first set by Executive Order 14266: the suspension in question that was to expire July 9, 2025 is extended until 12:01 a.m. EDT on August 1, 2025.
- 2Implements a specific HTSUS change: it suspends HTSUS headings 9903.01.43–9903.01.62 and 9903.01.64–9903.01.76, and specified subdivisions of U.S. note 2 to subchapter III of chapter 99, for the extension period. (Those HTSUS entries relate to the temporary tariff measures enacted earlier.)
- 3Continues the temporary tariff regime put in place by EO 14266 — which had substituted a uniform additional ad valorem rate (10 percent under EO 14266) for the higher duties originally imposed — for the affected trading partners other than the PRC.
- 4Confirms that the separate tariff suspension for the People’s Republic of China established by EO 14298 remains unchanged by this order.
- 5Directs the Secretary of Commerce, the Secretary of Homeland Security, and the U.S. Trade Representative, in consultation with other senior officials (State, Treasury, White House economic and national security advisors, and the International Trade Commission Chair), to take necessary actions to implement the order, including issuing regulations, notices, or guidance and using authorities under the International Emergency Economic Powers Act (IEEPA) where appropriate.