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Tariffs in Effect

*NEW* ��- Additional tariffs of 10-12.5% have been imposed on the top 60 U.S. trade partners, covering 99.4% of U.S. imports. The 10% rate applies to imports from Argentina, Bangladesh, Cambodia, Canada,��Ecuador,��El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan,��Sri Lanka,��Trinidad and Tobago, and the��United Kingdom. Products from the��European Union, Taiwan, Japan, Korea, and Switzerland��are subject to Section 301 duties that are capped net of the applicable Most Favored Nation (MFN) tariff, resulting in a combined duty of 10-12.5%, depending on the economy and product.��The remaining investigated economies, including��China, Colombia, Australia, Vietnam, Thailand, Brazil, Israel, Singapore, and Chile are subject to a 12.5% tariff with some exceptions. These tariffs took effect at 12:01 a.m. EDT on July 24, 2026.

*NEW* - 50% tariffs (starting August 19, 2026). On specific goods imported from Canada, including cement, paint, plywood, fiber cable and more.

��- 50% tariffs��on items made entirely or mostly from the listed metals

• 25% tariffs on
• 15% tariff on��industrial and electrical grid equipment that contains steel, aluminum, and copper
• 10% tariff on products made abroad, but entirely with American steel, aluminum, and copper
• 15% tariff on
• 15% tariff on

- 10% tariff.

• Various derivatives of lumber and timber are set at a 25% tariff.

��- 25% tariff on all imported automobiles and specific automobile parts.��

Tariffs No Longer in Effect Due To Supreme Court Decision

- ��Ranging from 15 - 40%. Reciprocal tariffs on

• If a country is not subject to reciprocal tariffs, they are still subject to the 10% universal tariff (except Canada and Mexico).

- 30%

• President Donald Trump��on imports from China that added an additional 10% tax on all goods coming into the United States. On March 4, 2025, he increased those tariffs by . These tariffs combine with the universal tariffs for a total of 30% import tax on all Chinese goods, in addition to any other tariffs that might be in place for specific products.��China and the US are currently negotiating terms for a trade deal, during which the initially set high tariff rate of 125% has been .

- 25% tariff on goods that are not USMCA compliant.

• These tariffs��affect about 50% of all imports from Mexico. The baseline and reciprocal tariffs mentioned above do not currently affect Mexico.

- 35% tariff on all non-USMCA compliant products. Energy and critical minerals are at a lower 10% rate.��

• These tariffs, which currently affect about 40% of all imports from Canada, are currently in effect.��The baseline and reciprocal tariffs mentioned above do not currently affect Canada.

Additional Country Specific Tariffs -��President Trump has imposed tariffs on multiple countries in addition to already existing tariffs.

• ��– 40%
• ��– 25%

Purchasers of Venezuelan Petroleum��- President Trump signed an that allows the Secretary of State to investigate countries which purchase petroleum from Venezuela and impose a 25% tax on them. The purchase could be directly or through a third party. Currently, China and the US are the two major purchasers of Venezuelan oil. This executive order is effective starting April 2, 2025. However, the executive order is worded in such a way that these tariffs are discretionary based on the Secretary of State's judgement and decision. No current tariffs based on this executive order.

Trade Deals

The following countries have specific trade deals that have various exemptions or rates separate from the ones above.

• ��–��15%
• ��–��15%
• –��10%
• –��19%
• –��19%
• –��20%; 40% on transshipment
• - 15%

Tariff Stacking

Initially, all the tariffs were worded in such a manner that the rates would stack on top of each other. For example, Steel (at a tariff rate of 25%) from Canada (at a tariff rate of 25%) would combine to be subject to a 50% total tariff rate. The Trump Administration has that the following tariffs do not stack with each other, but still do stack with the rest of the tariff actions.

• Mexico
• Canada
• Steel
• Aluminum
• Autos and Auto Parts

Potential Future Tariffs

The Trump Administration has numerous ongoing investigations into potential tariffs on the products and materials below.��These investigations can take nearly a year from beginning to imposition of tariffs, but are also not guaranteed that there will be tariffs.��

• ��- Includes downstream products that cover "all goods that incorporate processed critical minerals as inputs".
• ��
• ��- Semiconductors and their downstream products. Downstream products would involve any products that contain semiconductors. There is currently no specific timeline of when the investigation's report will be released and whether tariffs will actually be imposed.