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The Trump Administration has published the Executive Order signed on 9 April 2025 that pauses country-specific reciprocal tariffs introduced by the Executive Order signed on 2 April 2025, except for China. The Executive Order provides that the Country-Specific Ad Valorem Rates of Duty (reciprocal tariffs) are suspended with effect from 10 April 2025 to 9 July 2025, with all specified countries instead subject to the general 10% tariff, with the exception of China. With respect to China, the Executive Order increases the reciprocal tariff to 125% from 10 April 2025, resulting in a combined tariff rate of 145%, along with...