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12
May
May 12th, 2025 – Latest on Tariff from China, Hong Kong and Macau
Source: Elleo Global Inc
The Latest on the Tariffs
As of the morning of May 12, 2025:
- CBP has not yet issued any guidance regarding the recent negotiations between the U.S. and China over the past weekend. We will continue to share updates as they become available.
- All countries remain subject to the 10% baseline Reciprocal Tariffs (RT).
- There is still no official confirmation on whether other Free Trade Agreements (FTAs), aside from those with Canada and Mexico, are applicable under the RT guidelines.
- The End of De Minimis regulation officially took effect on May 2, 2025.
- Download CBP latest Tariff Factsheet here.
Visit CBP IEEPA FAQ page here.