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Breaking news! The United States announces tariff exemptions!
Release time:
2025-09-08 11:29
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According to the latest news, U.S. President Trump announced, Exempting metal products such as graphite, tungsten, uranium, and gold bars from global country tariffs, while including silicon products in the tariff list. According to the executive order issued on Friday, these adjustments will take effect on September 8 local time (next Monday).
According to CCTV News and multiple sources, on September 5 local time (Eastern Time), the White House issued a statement saying that U.S. President Trump signed an executive order, Adjusting the scope of import tariffs, announcing the exemption of various metals including gold, tungsten, uranium, and graphite from its global tariff system, while including silicon products in the tariff list. At the same time, implementing the trade and security framework agreements reached with foreign trade partners, the new policy will officially take effect next Monday local time.
This U.S. tariff adjustment involves goods in multiple key areas. Besides the aforementioned metal products, aircraft parts, generic drugs, and goods such as coffee and special spices that the U.S. relies on imports for due to inability to grow or produce domestically are expected to receive tariff reductions.
Among them, the exemption status of gold bars is clearly defined in this policy, attracting special attention. A few weeks ago, the U.S. Customs and Border Protection ruled that gold bars must pay import taxes, a decision that surprised traders and caused market chaos. It should be noted that gold bars are one of Switzerland's important export commodities to the U.S., but since Switzerland has not yet reached a trade agreement with the U.S., gold bars currently face tariffs as high as 39%.
In addition to gold, a series of minerals used in high-tech and key industries have also been granted tariff exemptions. Key materials like graphite and tungsten are widely used in aerospace, consumer electronics, medical devices, and other technology fields, and uranium is also included in the exemption list.
Various medicines have also received new tariff reductions in this adjustment, such as antibiotics and other drugs. However, it is worth noting that these medicines are currently subjects of another ongoing trade investigation by the U.S. Department of Commerce.
Products that the U.S. cannot grow, mine, or naturally produce domestically, such as specialty spices and rare metals, are also expected to receive tariff exemptions.
Tariff-exempt products
This time, 39 products have been granted reciprocal tariff exemptions and are no longer subject to reciprocal tariffs. These products cover graphite, nickel, tin, thorium, molybdenum, gold, zinc, and other metals, as well as medicines, all of which are key materials for aerospace, consumer electronics, medical devices, and other technology fields. Involving the following HTSUS codes:
2504.10.10, 2604.00.00, 2609.00.00, 2612.20.00, 2613.90.00, 2825.40.00, 2833.24.00, 2903.51.10, 2924.29.01, 2924.29.03, 2924.29.23, 2924.29.26, 2924.29.28, 2924.29.33, 2924.29.57, 2924.29.80, 2926.90.50, 2933.29.05, 2933.29.60, 4703.11.00, 4703.21.00, 4703.29.00, 7108.11.00, 7108.12.50, 7108.13.10, 7108.13.55, 7108.13.70, 7108.20.00, 7115.90.05, 7115.90.30, 7202.60.00, 7501.10.00, 7502.10.00, 7502.20.00, 7503.00.00, 7504.00.00, 7903.90.30, 8505.11.0070, 8541.41.00
Products subject to increased tariffs
Eight categories of products will be subject to reciprocal tariffs, including certain aluminum hydroxide and silicone resin products. Specifically, aluminum hydroxide, polyethers (excluding polyoxymethylene or dipoly(oxyethylene) methylphosphonate), epoxy resins, and other unnamed primary form saturated polyesters, primary form polysiloxanes, etc. Involving the following HTSUS codes:
2818.30.00, 3824.99.93, 3907.29.00, 3907.30.00, 3907.61.00, 3907.69.00, 3907.99.50, 3910.00.00
In addition, the executive order introduces an important procedural change aimed at improving the efficiency of trade agreement enforcement. Under the new authorization, the U.S. Trade Representative's Office and the Department of Commerce will have the authority to take direct action to implement framework agreements reached between the U.S. and other countries, such as those Trump has signed with the EU, Japan, and South Korea. This means that in the future, when implementing tariff reduction provisions in these agreements, it will no longer be necessary for Trump himself to sign executive orders one by one, greatly accelerating the enforcement process.