Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods

U.S. President Donald Trump signed an executive order Thursday that confirmed “reciprocal” tariffs on dozens of countries, with updated duties ranging from 10% to 41%.

All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.

Countries that are not listed in the latest order will face an additional duty of 10%, the statement said.

The modified rates will be effective with respect to goods “entered for consumption on or after 12:01 a.m. eastern daylight time 7 days after the date of the order,” with some exceptions.

This is breaking news. Please refresh for updates.