Import Tariffs Latest News and Updates

• • Reciprocal tariffs are in effect, with rates between 10% and 41% on a country-by-country basis.
  • 35% tariff on all goods from Canada and 25% tariff on all goods from Mexico (except for USMCA-compliant goods and other notable exceptions).
  • 10% tariff on Canadian energy exports.
  • 10% tariff on Canadian potash exports.
  • 10% Reciprocal tariff and supplementary tariff on Chinese imports.
  • 50% tariff on all steel and aluminum imports, with no exemptions.
    
    
  • 50% tariff on semi-finished copper products and intensive copper derivative products.

• Canada:
  
  • 25% tariff on $41 billion worth of U.S. goods, including steel & aluminum, computers, sports equipment, and cast iron.
• China:
  
  • 10% tariff on all goods imported from the United States.
  • 15% tariff on U.S. coal, liquefied natural gas (LNG), chicken, wheat, corn, and cotton.
  • 10% tariff on U.S. crude oil, agricultural machinery, and large-engine cars, and some agricultural products.
• European Union:
  
  • Tariffs on $28 billion worth of U.S. goods, including beef, motorcycles, bourbon whiskey, and jeans, among others.

November 3, 2025

The White House released a fact sheet on November 1 providing details about the trade deal reached between US and Chinese trade officials during the president’s recent trip to South Korea.

The following measures are scheduled to go into effect on November 10, 2025:

• The IEEPA “fentanyl” tariff will drop from 20% to 10%
• A one-year suspension of the final rule titled Expansion of End-User Controls to Cover Affiliates of Certain Listed Entities, which will reduce complications in bilateral trade between the US and China
• Responses to the Section 301 investigation into China’s maritime dominance efforts (most notably increased port fees implemented in October) will be suspended for one year
• The imposition of heightened reciprocal tariffs will be suspended for one year

The Section 301 and heightened reciprocal tariff exemptions are scheduled to expire on November 10, 2026.

For its part, China has agreed not to impose stricter export controls on critical, rare earth minerals and to begin purchasing soybeans from the US again. They will also work to prevent fentanyl precursor chemicals from being exported to the US, suspend their own retaliatory tariffs, and pause increased port fees on US vessels.

The trip also resulted in reciprocal trade agreements with Malaysia and Cambodia, trade negotiation frameworks with Thailand and Vietnam, and further partnerships with the Republic of Korea to increase US shipbuilding efforts.

October 17, 2025

A completed section 232 investigation into buses, medium and heavy-duty vehicles (MHDVs), and their associated key parts (MHDVPs) has resulted in the following tariff increases, effective at 12:01 a.m. eastern daylight time.

• MHDVs: 25% 
• MHDVPs: 25%
• Buses: 10%

If final assembly takes place in the US, the manufacturers of these vehicles who use foreign-sourced MHDVPs can also qualify for a duty offset equal to 3.75% of the total value of products they assemble in a given year.

October 14, 2025

New port fees announced by the U.S. Trade Representative will apply to the following vessels when docking in the US:

• Vessels owned and operated by a Chinese company: $50 per net ton (NT) in 2025, rising to $140 per NT by 2028
• Vessels of Chinese origin but used by non-Chinese operators: $18 per NT or $120 per container (whichever is higher) in 2025, rising to $33 per NT or $250 per container by 2028
• Foreign-built (not just Chinese) vehicle carriers, aka roll-on/roll-off (ro-ro) ships: $46 per NT

Collection of these new fees is limited to five times per year per vessel.

September 29, 2025

• Following a Section 232 investigation by the Secretary of Commerce, President Trump announced the following commodity-specific tariffs
  
  • Softwood Timber: 10%
  • Certain Upholstered Wooden Products: 25%
  • Kitchen Cabinets, Vanities, and Contituent Parts Thereof: 25%
• These tariffs will apply to any affected goods entered into the country or withdrawn for consumption as of 12:01 AM, October 14. Rates on the second two commodities will increase from 25% to 30% on January 1, 2026.
• Per recent trade agreements with the UK and Japan, rates on wooden products from these countries will not exceed 10% and 15%, respectively.

September 9, 2025

• United States: The Supreme Court agreed to hear two cases challenging the legality of many tariffs assessed on US trade partners. Central to the issue is the use of the IEEPA to levy tariffs without congressional approval. If the Supreme Court concurs with the lower court’s findings, the federal government may have to refund certain tariff payments. However, federal officials have indicated that different tactics are available to make the tariffs stick if this scenario plays out.

September 5, 2025

• United States: The White House enacted revisions to Annex II of Executive Order 14257. This was done to make it easier for the government to enact new trade deals.
• As an importer, this means you’ll need to review the annex to see if:
  • Your goods have been added to it
  • Your goods have been removed from it
• Those codes that have been added as potentially being eligible for zero tariffs tend toward pharmaceuticals, certain critical minerals, aerospace equipment, and resources that simply aren’t available/can’t be synthesized in the US.

September 4, 2025

• United States: The trade deal between Japan and the US was formalized Thursday night via an executive action from President Trump. The way in which tariffs will be calculated for most products of Japan will vary based on their duty rates from the HTS. Put simply, here’s how it works:
  • For products with a column one duty rate of less than 15%, the total column one rate plus the Section 232 ad valorem rate will be 15%.
  • Products with column one duty rates of 15% or higher shall have no section 232 ad valorem rate of duty added.
• Notably, vehicles and auto parts are included in this decision, which gives Japan a slight edge over most other countries, which pay 25% minimum. The order also calls for zero percent reciprocal tariffs on certain natural resources and pharmaceutical products from Japan. It does not impact sectoral tariffs on aluminum, steel, and copper.
• The order applies retroactively to any Japanese goods entered for consumption or withdrawn from bonded storage on or after 12:01 a.m. EDT on August 7.
• During a White House dinner with leaders from the tech industry, President Trump reiterated his intention to assess a “fairly substantial tariff” on semiconductors. He has suggested rates as high as 100% on imported chips from companies who don’t manufacture in the US. The president stressed there would be no tariff on chips made stateside.
• Early last month, CBP implemented its new Anti-Circumvention Rule, which targets imported shipments believed to have been transshipped for the purposes of illegally masking a product’s true country of origin (CoE). Violation of transshipping guidelines from CBP will result in a tariff rate of 40% regardless of the shipment’s true CoE. 
• Following a lower court’s decision that tariffs imposed by this administration under the IEEPA were put in place illegally, the Trump administration is trying to hasten the Supreme Court’s involvement in hopes they will overturn the ruling. The president’s team has asked the Supreme Court to decide whether they’ll hear the case by 9/10/25. Assuming they do, arguments would begin some time in November.

September 2, 2025

• United States: The Trump administration is eyeing furniture as the next product category to face sectoral tariffs such as those already placed on automobiles and car parts. Rates are expected to be announced mid-October. While no firm number has been offered, previous product-specific tariffs have ranged from 25% to 50%.

August 29, 2025

• United States: The Section 321 de minimis provision has been removed for all countries. Importers who have used de minimis to avoid or minimize duties and tariffs will now be responsible for paying them, even if the shipment is valued at $800 or lower. The order in which the provision was suspended lays out the following methods for calculating duties and tariffs on these shipments.
• An ad valorem tariff rate based on the package’s country of origin and subsequent IEEPA tariff rate on said country OR
• A flat dollar amount based on country-specific tariff rate thresholds, which are:
  • Less than 16%: $80.00 per package
  • 16%-25%: $160 per package
  • Anything above 25%: $200 per package
• A federal appeals court supported a previous court’s ruling that many tariffs assessed by the Trump administration are illegal. Specifically, the court addressed reciprocal tariffs and those imposed due to fentanyl allegedly reaching the country via trade partners such as Canada and Mexico. The tariffs will remain in place until at least October 14th, pending review by the Supreme Court.

August 27, 2025

• United States: Tariffs on most goods imported from India to the US went up from 25% to 50% ad valorem at 12:01 AM. The only exceptions made are a three-week exemption for goods already in transit, humanitarian relief supplies, and shipments made under a free-trade agreement (FTA). Steel, aluminum, and certain downstream copper derivatives are also exempt from this action, though their own 50% Section 232 tariffs remain in place.

August 18, 2025

• United States: The Bureau of Industry and Security (BIS) added 407 Harmonized Tariff Schedule (HTS) codes to the Section 232 annex covering goods that are considered steel and/or aluminum derivatives. These goods are subject to 50% tariffs on their aluminum and/or steel components unless the metal was poured in the US.

August 12, 2025

• United States: Per an executive order issued by the president on August 11, the suspension of additional ad valorem duties on Chinese products has been extended until November 10, 2025.

August 7, 2025

• United States: The pause on country-specific reciprocal tariffs ended at 12:01 AM this morning. These rates now vary between 10% and 41%, and stack with IEEPA tariffs in some cases. Notable examples include the following:
  • Brazil: 10% plus 40% IEEPA, 50% total
  • Syria: 41%
  • Laos: 40%
  • Switzerland: 39%
  • Canada: 35% on non-USMCA goods
  • China: 10% plus 20% IEEPA, 30% total

  The 25% tariff on non-USMCA goods from Mexico remains in effect.

July 31, 2025

• United States: In an executive action mostly focused on modifying reciprocal tariff rates, a new tariff on transshiped goods was proposed. Any shipment found to have been transshipped in order to circumvent tariffs will face a 40% “transshipment tariff”.
  
  The order is not specific as to when it will be implemented.

July 27, 2025

• United States: A new trade deal between the USA and EU has been announced after a meeting between President Trump and Ursula von der Leyen, President of the European Commission. So far, the deal includes the following directives:
  • 15% tariffs on the majority of EU goods. This is down from last week's threatened rate of 30% with no deal in place.
  • Zero for zero tariffs on some goods, such as aerospace equipment and certain raw materials.
  • The 50% tariffs on steel remain in place for now.

• Further details of this deal will be announced pending ongoing negotiations between the two countries.

July 22, 2025

• United States: The Trump administration has proposed the following tariff rates for certain countries that have not yet inked new trade deals with the United States. 
  • Brazil – 50%
  • Cambodia – 36%
  • Canada and Bangladesh – 35%
  • Mexico and the European Union – 30%
  • South Korea and Japan – 25%

• These rates may change before August 1. Secretary of the Treasury Scott Bessent also stated that countries can come to the negotiating table after the August deadline to potentially reduce tariffs later on.
• Secretary Bessent also stated that he is scheduled to meet with an official from China in Sweden during the last week of July. Key talking points will include extending China’s August 12 deadline for trade negotiations to avoid returning to triple-digit tariff rates and discouraging China from importing Russian oil.
• The Philippines signed a trade deal with the US that will see a 19% tariff on most goods imported from the Southeast Asian nation and no tariff on exports to the country from the United States.

June 27, 2025

• United States: Citing an incoming 3% Canadian tax on any tech companies who make $20 million or more per year from customers in Canada, President Trump ended trade negotiations with our neighbor to the north on Friday, June 27. However, Canada relented and agreed to halt plans to begin collecting the tax two days later on the 29th.

June 26, 2025

• United States: Multiple White House officials indicated that the July 8th deadline for imposition of reciprocal tariffs announced in April could be extended for many countries. Press Secretary Karoline Leavitt described the deadline as “not critical” and told reporters an extension wasn’t off the table, but it’s ultimately up to the president.

May 8, 2025

• United States: President Trump and UK Prime Minister Keir Starmer have reached a deal regarding the reduction of trade barriers between their respective countries. The 25% rate on imported automobiles will be reduced for UK-produced vehicles down to the 10% rate that applies to most imports.

April 9, 2025

• United States: Tariffs on goods imported from China have been raised to a minimum of 145% through a combination of pre-existing Section 301 tariffs and executive orders from the U.S. presidential administration.
  • Implementation of country-specific reciprocal tariffs has been paused for 90 days. The 10% ad valorem baseline tariff on all goods imported into the United States remains in effect.
• China: U.S. exports to China will face an 125% tariff effective April 10.

April 3, 2025

• United States: The president unveiled his administration's plans to impose reciprocal tariffs on U.S. trade partners during a ceremony held at the White House Rose Garden on April 3. The plans start with a 10% baseline tariff on all goods imported to the United States. This rate is increased for countries and economic powers with whom the U.S. has notable trade deficits, including:
  • China: an additional 34% on top of the 20% levied earlier in 2025
  • The European Union: 20%
  • Vietnam: 46%
  • Japan: 24%
  • India: 26%
  • South Korea: 25%
• The previously announced 25% tariff on all foreign-manufactured passenger vehicles goes into effect on April 3. Baseline tariffs of 10% will be implemented on April 5, and the higher reciprocal tariff rates are scheduled for April 9.

March 19, 2025

• United States: President Trump has reiterated his plan to impose reciprocal tariffs starting on April 2. In an interview on Monday, March 17, Treasury Secretary Scott Bessent detailed that the White House will assess tariff rates imposed upon the U.S., along with other factors, to determine whether a “tariff wall” should be applied to countries on a case-by-case basis.

  Source: https://www.foxbusiness.com/video/6370184628112 

March 12, 2025

• United States: 25% tariff on aluminum and steel imports goes into effect, with no exemptions.
• Canada: Canada announced $21 billion USD in retaliatory tariffs on U.S. goods in response to the U.S. escalation of steel and aluminum tariffs.
• European Union: The EU declared countermeasures on $28 billion USD worth of U.S. goods, targeting products such as motorcycles, bourbon whiskey, and jeans, in retaliation for U.S. tariffs on steel and aluminum imports.

March 11, 2025

• United States: The White House confirmed that the tariff on steel and aluminum imports going into effect on March 12 would remain at 25% following a proposal by President Trump to increase those tariffs to 50% on imports from Canada. Additionally, following Ontario's suspension of a 25% surcharge on electricity exports to the U.S., Trump retracted a proposal to charge a 25% tariff on Canadian electricity.

March 6, 2025

• United States: President Trump announced an exemption for USMCA-compliant goods from Canada and Mexico, but still plans to impose “reciprocal” tariffs starting on April 2. The announcement also includes an exemption for imports of potash that do not qualify for duty-free entry under the USMCA, reducing the taxes owed to 10% (from 25%).

March 5, 2025

• United States: President Trump grants a one-month exemption for tariffs on imports of automobiles from Mexico and Canada.

March 4, 2025

• United States: The previously delayed tariffs took effect:​
  • A 25% tariff on all goods from Canada and Mexico (with a 10% tariff on Canadian energy exports).
  • An increase in supplementary tariffs on Chinese imports, from 10% to 20%.​
• Canada: In retaliation, Canada imposed a 25% tariff on $21 billion worth of U.S. goods, with plans to expand these measures to an additional $87 billion USD in the following weeks.
• China: China announced a 15% tariff on imports of chicken, wheat, corn and cotton from the U.S. and a 10% tariffs on imports of other agricultural products.

March 1, 2025

• United States: Trump signed an executive order instructing the Commerce Department to consider whether tariffs on lumber and timber are needed to protect national security, citing the U.S. construction industry and military dependance on those products.

February 26, 2025

• United States: The Trump administration announced plans to impose a 25% tariff on goods imported from the European Union, targeting various sectors, including automobile manufacturers. ​

February 25, 2025

• United States: Trump signed an executive order instructing the Commerce Department to consider whether a tariff on imported copper is needed to protect national security, citing its use in U.S. defense, infrastructure and technologies.

February 13, 2025

• United States: Trump announces a plan for “reciprocal” tariffs, promising to increase U.S. tariffs to match taxes imposed by other countries on U.S. exports.

February 10, 2025

• United States: President Trump announced a 25% tariff on all steel and aluminum imports, affecting all trading partners without exceptions. This tariff was scheduled to take effect on March 12, 2025. ​
• China: Chinese tariffs on U.S. coal, liquefied natural gas, crude oil, agricultural machinery and large-engine cars take effect.

February 4, 2025

• China: China retaliates to U.S. tariffs by announcing new duties on a variety of American goods, including a 15% tariff on coal and liquefied natural gas products, and a 10% tariff on crude oil, agricultural machinery and large-engine cars imported from the U.S., effective Feb. 10.

February 3, 2025

• United States: The U.S. announced a one-month delay on the tariffs for Canada and Mexico after both countries agreed to enhance border security measures to combat illegal immigration and drug trafficking.

February 1, 2025

• United States: President Donald Trump signed executive orders imposing:
  • A 25% tariff on all goods imported from Canada and Mexico, with a reduced 10% tariff on Canadian energy exports (including electricity, natural gas, and oil).​
  • An additional 10% tariff on all Chinese imports, supplementing existing tariffs on various Chinese goods.​
  • These tariffs were initially set to take effect on February 4, 2025. ​