Advisories

According to a White House fact sheet, some goods have been added to Annex II, meaning they will no longer be subject to reciprocal tariffs. These goods include bullion-related articles and certain critical minerals and pharmaceutical products subject to pending Section 232 investigations.

Other goods, including certain aluminum hydroxide, resin, and silicone products, have also been removed from Annex II, meaning they are now subject to reciprocal tariffs. These changes took effect on September 8th, and the full list is available below.

Annex II List

An Executive Order, Implementing the United States–Japan Agreement, sets a baseline 15% ad valorem duty on nearly all imported products from Japan. The duties apply retroactively to products of Japan entered for consumption or withdrawn from a warehouse for consumption on or after 12:01 a.m. EST on August 7th, 2025.

The legislation also includes sector-specific treatment for automobiles and automobile parts; aerospace products; generic pharmaceuticals; and natural resources that are not naturally available or produced in the United States. 

Executive Order

U.S. President Donald Trump released an Executive Order, imposing an additional 25% tariff on Indian product imports into the U.S., effective 12:01 a.m. ET on August 27th.

According to the White House, this decision was made due to India’s direct or indirect importation of oil from the Russian Federation.

Executive Order

The de minimis exemption for low-value parcels is officially void, as of August 27th, 2025. The de minimis rule allowed goods valued at $800 or less to enter the United States duty-free and with minimal customs oversight.

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The United States and European Union announced a framework for a long-term agreement on reciprocal, fair, and balanced trade. The framework provides specific benchmarks for the EU to secure tariff discounts on cars, pharmaceuticals, and semiconductors, as well as commitments to cooperate on economic security matters, food standards, and digital trade.

• The EU intends to eliminate tariffs on all U.S. industrial goods and to provide preferential market access for a wide range of U.S. seafood and agricultural goods.
• The U.S. commits to apply the higher of either the U.S. Most Favored Nation (MFN) tariff rate or a tariff rate of 15%, comprised of the MFN tariff and a reciprocal tariff, on originating goods of the E.U.

Joint statement

As of August 18th at 12:01 AM (EST), 400+ new products are now subject to Section 232 steel and aluminum tariffs, impacting both raw materials and derivatives. 

The extended list now covers goods such as motorcycles, baby gear, auto parts, and chemicals. The changes did not exclude goods already in transit to the U.S.

If you are unsure whether your goods will be affected, please contact your OIA Global representative. 

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U.S. President Donald Trump signed an executive order that suspends the imposition of higher tariffs for 90 days, until 12:01 a.m. EST on November 10, with all other elements of the truce to remain in place. China’s Commerce Ministry issued a similar pause on extra tariffs.

More information

As of August 7th, 2025, the U.S. has enacted sweeping reciprocal tariffs on imports from 60+ countries, with duties ranging from 10% to over 100%, depending on origin and sector. Additions like sector-specific penalties and anti-transshipment provisions further complicate the trade landscape. The impact on landed costs, sourcing strategies, and compliance protocols will be significant. 

• Mexico got a reprieve, and its current rates were extended for another 90 days.
• The EU delayed its countermeasures by 6 months.

More information

The duty-free de minimis exemption shall no longer apply to any shipment of articles not covered by 50 U.S.C. 1702(b), regardless of value, country of origin, mode of transportation, or method of entry.

The exemption had applied to parcels valued at $800 or less and allowed overseas retailers to ship inexpensive goods to consumers in the U.S. tax-free.

Executive Order

The U.S. has implemented a 50% tariff on the majority of Brazilian goods entering the country, with these new tariffs set to take effect on August 6, 2025. 
 

White House fact sheet

• This applies to approximately 70% of European goods imported into the U.S., including cars, computer chips, and pharmaceuticals.

“The political agreement of 27 July 2025 is not legally binding. Beyond taking the immediate actions committed, the EU and the U.S. will further negotiate, in line with their relevant internal procedures, to fully implement the political agreement,” the European Commission said.

White House fact sheet

The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%.

• Indonesia will eliminate approximately 99% of tariff barriers for U.S. industrial, food, and agricultural products exported to Indonesia.

Japan’s existing tariffs will be cut from 27.5% to 15% and duties that were set to take effect on other Japanese goods starting August 1 will also be cut from 25% to 15%.

Press release