MEMO TO CLIENTS – SPECIAL ISSUE 25-021 – April 30, 2025

Special Announcement I joined Carmichael 10 years ago.  The company has proven to be a great fit for me.  I feel we have accomplished a lot during this time. As much as I love Carmichael and my role, I have made the decision to retire.  It was a tough decision, but I feel it is time for the next chapter …

MEMO TO CLIENTS ISSUE 25-020 – April 14, 2025

Current Reciprocal Tariff Exemptions and Exclusions Late Friday, U.S. Customs and Border Protection (CBP) issued an update of items excluded from reciprocal tariffs. The update includes some additional new HTSUS Numbers that have yet to be published in a Presidential Order. They include goods such as: 8471                8473.30           8486                8517.13.00 8517.62.00      8523.51.00      8524                8528.52.00 8541.10.00      8541.21.00      8541.29.00      8541.30.00 8541.51.00      8541.59.00      …

MEMO TO CLIENTS ISSUE 25-019 – April 11, 2025

Charts on the Reciprocal and IEEPA and Other Tariffs Carmichael has put together charts as an overview to explain the details on President Trump’s tariffs. It includes all the current additional duties assessed by this administration, the duty rates, and the effective dates. They include a chart of the countries and duty assessments for the 60 countries assessed with more …

SPECIAL MEMO TO CLIENTS ISSUE 25-018 – April 10, 2025

Pause on High Reciprocal Tariffs Except for China Who Faces Higher Tariffs President Trump announced a pause on reciprocal tariffs for the 60 countries with specific higher rates that were to start on April 9, that he announced last week. The general rate of 10% for all countries remains in place since April 4, including the countries that were to …

MEMO TO CLIENTS ISSUE 25-017 – April 03, 2025

Quick Summary on Trump Tariffs This is our summary of the recent notices for additional duties being assessed by the Trump Administration.  Guidance for the applications of the tariffs has not been issued by CBP.  We will be watching for the progress closely and will send out additional information and/or changes as we receive them. Reciprocal Tariffs On Thursday, President …