TechFlow, September 6 — According to Jinshi Data, a White House statement announced that U.S. President Trump signed an executive order adjusting the scope of import tariffs and implementing trade and security framework agreements with foreign trade partners. The executive order stipulates that after reaching a framework agreement or final agreement with foreign trade partners, the United States may adjust tariffs according to the agreement, including reducing reciprocal tariffs on certain goods to zero. However, the tariff scope typically will not be narrowed or Section 232-related tariffs (steel and aluminum derivative tariffs) modified before a final agreement is signed. Goods eligible for zero reciprocal tariffs include products that cannot be produced in the U.S. or whose domestic production is insufficient to meet demand, specific agricultural products, aircraft and parts, and off-patent items used in pharmaceuticals.
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