Customs Tariff updates May 2025

China Tariff reductions on U.S. Imports

Effective May 14, 2025, China reduced its retaliatory tariffs on U.S. goods from a previous rate of 125% to 10%. This 90-day tariff reduction applies broadly across various sectors, including agriculture and energy, and is intended to facilitate ongoing trade negotiations between the two countries.

European Union customs tariff update

European union has updated the Import duty, Preferential duty rates and preference under quota for certain products classified under tariff chapters 07 and 08.

European Union: Commission publishes consolidated list of Classification Regulations

The European Commission has published the consolidated list of "Classification Regulations" with the transposition of the CN codes according to the 2025 Combined nomenclature. This list contains all “Classification Regulations” valid on 1 January 2025. These Regulations are established with reference to the valid CN code at the time of their adoption, i.e. in accordance with the version of the CN in force. However, due to the periodic revisions of the Harmonised System Nomenclature (occurring every five years) and the annual amendments to the CN, some previously adopted Classification Regulations may refer to CN codes that are no longer valid.

The published list now indicates the up-to-date CN code under which the goods covered by the currently valid “Classification Regulations” should be classified. This is a big step in simplification as the consolidated list will make it easier for economic operators to correctly classify their goods and for Member States to ensure uniform classification of goods. It is yet another contribution towards the reduction of the administrative burden. For more details, please refer European Commission

Norway customs tariff update

Norway customs authority has updated the import tariff. Updates includes the changes in HTS codes, import duty and preferential duty rates for various products.

United Kingdom Update to MFN Measures

This update is due to the Department for Business and Trade correcting their dataset entry in respect of measure type 103 - Third country duty for the following commodity codes as of 16 May 2025: 8407100010, 8407100020, 8409100010, 8409100020, 8411110010, 8411110020, 8411121010, 8411121020, 8411123010, 8411123020, 8411128010, 8411128020, 8411210010, 8411210020, 8411222010, 8411222020, 8411228010, 8411228020, 8411810010, 8411822010, 8411826010, 8411828010, 8411910010, 8411910020, 8504406010, 8504408310, 8526100010, 8526920010, 9014100010, 9025900010, 9030310010, 9032200010 etc. 

United Kingdom HTS codes update

• These commodity codes are ending as of 27 June 2025: 9702900090, 9705100010, 9705100030, 9705100090, 9705220010, 9705220090 and 9705290010.
• The following commodity codes are being created as of 28 June 2025:
• 9701210010, 9701210090, 9701220010, 9701220090, 9701290010, 9701290090, 9702100010, 9702100015, 9702100080, 9702100090, 9702900080, 9702900085, 9703100010, 9703100090, 9705100012, 9705100014, 9705100016, 9705100018, 9705100020, 9705100022, 9705100024, 9705100026, 9705100028, 9705100032, 9705100034, 9705100036, 9705100038, 9705100040, 9705100042, 9705100044, 9705100046, 9705100048, 9705100050, 9705100052, 9705100054, 9705100056, 9705100058, 9705100060, 9705100062, 9705100064, 9705100066, 9705100068, 9705100070, 9705100072, 9705100074, 9705210012, 9705210090, 9705220012, 9705220014, 9705220016, 9705220080, 9705290012, 9705290014, 9705290016, 9705290080, 9706100012, 9706100014, 9706100016, 9706100020, 9706100024, 9706100028, 9706900010, 9706900012, 9706900016, 9706900018, 9706900022, 9706900024, 9706900026, 9706900028, 9706900030, 9706900090
• Various commodity codes are being absorbed as of 28 June 2025 under the tariff chapter 97.

United States - China secures a historic trade win 

President Donald J. Trump reached an agreement with China to reduce China’s tariffs and eliminate retaliation, retain a U.S. baseline tariff on China, and set a path for future discussions to open market access for American exports.

• The United States issued the first joint statement on trade in many years with China after successful negotiations over the weekend in Geneva, Switzerland.
• Both parties affirmed the importance of the critical bilateral economic and trade relationship between both countries and the global economy.
• For too long, unfair trade practices and America’s massive trade deficit with China have fueled the offshoring of American jobs and the decline of our manufacturing sector.
• In reaching an agreement, the United States and China will each lower tariffs by 115% while retaining an additional 10% tariff. Other U.S. measures will remain in place.
• Both sides will take these actions by May 14, 2025.
• This trade deal is a win for the United States, demonstrating President Trump’s unparalleled expertise in securing deals that benefit the American people.

Actions from China side: 

• China will remove the retaliatory tariffs it announced since April 4, 2025, and will also suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.
• China will also suspend its initial 34% tariff on the United States it announced on April 4, 2025 for 90 days, but will retain a 10% tariff during the period of the pause.

Actions from American Side: 

• The United States will remove the additional tariffs it imposed on China on April 8 and April 9, 2025, but will retain all duties imposed on China prior to April 2, 2025, including Section 301 tariffs, Section 232 tariffs, tariffs imposed in response to the fentanyl national emergency invoked pursuant to the International Emergency Economic Powers Act, and Most Favored Nation tariffs. 
• The United States will suspend its 34% reciprocal tariff imposed on April 2, 2025 for 90 days, but retain a 10% tariff during the period of the pause.
• The 10% tariff continues to set a fair baseline that encourages domestic production, strengthens our supply chains and ensures that American trade policy supports American workers first, instead of undercutting them.
• By imposing reciprocal tariffs, President Trump is ensuring our trade policy works for the American economy, addresses our national emergency brought on by our growing and persistent trade deficit, and levels the playing field for American workers and producers.
• Unlike previous administrations, President Trump took a tough, uncompromising stance on China to protect American interests and stop unfair trade practices.

Source: The White House