After the announcement of his mutual tariff and much more, President Donald Trump joined the former lawyer of Tomas Philipson, the acting chairman of Economic Advisors to discuss the decline of the market.
The US Customs and Border Protection (CBP) is already collecting more than $ 200 million per day in additional revenue as it applies a large new wave of tariffs. President Donald Trump“Liberation Day” scheme.
A CBP spokesperson said in a Fox Business statement, “CBP has successfully implemented the President’s action related to 13 tariffs during this administration.” “Serving on the frontline of America, CBP strictly enforced all laws and President’s instructions to secure our economic sovereignty.”
The Trump administration is targeting goods from dozens of countries, including China, using powers under the 1962 Trade Extension Act and International Emergency Economic Powers Act (IEEPA).
On April 3, the US imposed 25% tariff on all passenger vehicles and light trucks imported from any country, and on Saturday, 10% Global tariff made effective Under IEPA, CBP said, with some exclusion.
Trump’s China Tariff faces a legal challenge from the conservative group that calls them ‘illegal’
President Donald Trump has placed a chart as he comments on a mutual tariff during an event at the Rose Garden called “Make America Demere Again” at the White House in Washington on 2 April. (Brandon Smiyalvoski / AFP Getty Image / Getty Image)
From April 9, 86 countries will face new mutual tariffs ranging from 11% to 50% with some exclusion, and on 2 May, China and Hong Kong products will be sent under or under the valuable and international postal system under $ 800, which will no longer be eligible for duty-free treatment and will be subject to standard duty, according to CBP.
Meanwhile, postal shipment from China and Hong Kong will face 30% duty or $ 25 per item, whichever is more, starting in May. After June 1, this rate will increase to $ 50 per item.
Dame Senator Tribe kidnapped the main trump budget process with tariff challenge
Detroit -retired autovocker Brian Panbekar along with President Donald Trump speaks outside the White House in Rose Garden on 2 April. (Brandon Smiyalvoski / AFP Getty Image / Getty Image)
CBP says it is working closely with other agencies to roll these changes and will keep the business community updated through its online messaging system.
The agency has already pulled out of the billions First Trump’s Executive Order,
Which includes $ 4.8 billion under EO 14195, which targets Synthetic opioid from ChinaUnder EO 14193, $ 861 million, which aims to prevent the flow of drug from Canada; More than $ 2 billion under EO 14194, addressing trade issues on the southern border; And $ 1 billion was collected under Section 232 duties on steel and aluminum.
President Donald Trump speaks during the “Make America Amir again” business declaration at Rose Garden at the White House. (Andrew Harnik / Getty Image / Getty Images)
Click here to get Fox News app
The CBP spokesperson said, “The CBP is specific to the President’s tariff to implement and implement.” “We are fully equipped and ready to collect duties.”
Tariff rates can be found for specific items U -co -harmonious tariff schedule,S.