25% Tariff on Chinese-Origin Permanent Magnets Starts January 1, 2026 : Key Facts
What’s happening Under the U.S. government’s 2024 Section 301 tariff modifications, permanent magnets of Chinese origin will carry an additional 25% duty starting January 1, 2026. This increase was finalized by the Office of the U.S. Trade Representative (USTR) and is part of a broader set of strategic-sector tariffs. Government source: For the official explanation […]
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