Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods

July 31, 2025

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1 min read

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CNBC

All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.

U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025. U.S. President Donald Trump signed an executive order Thursday that modified "reciprocal" tariffs on... [1092 chars]

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Source: CNBC

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