Home > Executive Order

AI Summary: This regulation modifies existing tariff rates through an executive order that addresses perceived trade imbalances and national security concerns. The order imposes additional ad valorem duties on goods from certain trading partners, with specific rates detailed in the document's annexes. For European Union goods, the additional duty will be calculated to ensure a minimum 15 percent total duty rate for goods currently under 15 percent, and zero additional duty for goods already at or above 15 percent. Trading partners not listed in the annexes will be subject to a standard 10 percent additional duty. The order includes provisions for preventing transshipment to evade duties, with potential penalties of up to 40 percent additional duty for circumvention attempts. The document also establishes monitoring mechanisms, with the Secretary of Commerce and United States Trade Representative tasked with regularly reviewing the trade situation and recommending further actions if needed. The regulation is part of an ongoing effort to address trade deficits and align international trade practices with U.S. economic and national security interests, building upon a previous emergency declaration in Executive Order 14257.