Most of the tariffs announced in May were upheld, and others were updated.
The Office of the United States Trade Representative (USTR) has published the final list of goods that will soon be subject to import tariffs if they originate from China. The USTR upheld most of the proposed $18 billion worth of products the Biden Administration announced in May but made some notable updates. In the original announcement, a surtax of 25 percent was proposed to the umbrella term critical minerals. This has now been clarified to extend to tantalum, tungsten, chromium, indium, and zinc products. In addition, ores of cobalt and magnesium will also be subject to a 25 percent levy from September 27. The rate on permanent magnets has been upheld at 25 percent starting in 2026, despite the USTR receiving comments about their limited availability, according to the agency. The much-discussed levy on Chinese-made electric vehicles of 100 percent has also been upheld.
The final list can be found here.
Photo: iStock/rarrarorro
