Trump Tariffs 2.0: The Tariff Tracker
As President Trump continues to shape his economic plan with significant tariff policies, it’s crucial for businesses to stay informed about the potential risks and opportunities his announcements may bring.
We anticipate that any official tariff announcements made on January 20 and within the first 100 days via Executive Order (EO) or otherwise will merely mark the Administration’s initial trade policy, which will evolve over the next four years.
In this rapidly changing trade environment, we understand the importance of staying ahead. The ArentFox Schiff Customs Team is closely tracking the tariff announcements and their implications. To ensure companies remain informed, we have created this tariff tracker that will be updated and published as new developments arise as of, and after, January 20, 2025.
Please note that this information is subject to change, which can occur relatively quickly given the current pace of the EOs and tariff-related developments. We will be updating the Trump Tariffs 2.0: The Tariff Tracker as EOs and other policy announcements are made official and further information is issued through Federal Registrar Notices and Customs Cargo Systems Messaging Service (CSMS).
Trump 2.0: The Tariff Tracker
Updated 7/9/2025
*Where tariffs changed over time, the current effective rate is listed in bold.
COMMODITY TARIFFS IN EFFECT | ||||
|---|---|---|---|---|
| Tariff Regime | Commodity | Scope | Tariff Rate | Effective Date |
| 232 Steel & Aluminum | Steel & Aluminum | Steel and aluminum articles, derivatives, and additional derivatives within Ch. 66, 72, 73, 76, 83, 84, 85, 87, 88, 90, 94, 95, 96, and HTSUS 2203.00.00, with periodic additions | 50% (except 200% Russia aluminum) 25% (except 200% Russia aluminum) | 6/4/2025 (50% rate) 3/12/2025 (25% rate, expired 6/3/2025) |
| 232 Steel & Aluminum/US-UK EPD | Steel/Aluminum | UK-origin steel and aluminum products | 25% Tariff-rate quotas (TRQ) to be established | 3/12/2025 (25% rate) On or after 7/9/2025 (TRQ) |
| Auto 232 | Autos and Auto Parts | Auto parts consisting of passenger vehicles and light trucks identified in 17 HTSUS codes at the 8-digit level; automotive parts of passenger vehicles and light trucks classified in various subheadings of chapters 40, 70, 73, 83, 84, 85, 87, 90, and 94 | 25% with potential exemptions based on rules involving USMCA, substantial transformation, and value | 4/3/2025 for automobiles; 5/3/2025 for auto parts |
| Auto 232/US-UK EPD | Automobiles | UK-origin passenger vehicles | 100,000 vehicles annual quote at 10% tariff (7.5% + 2.5% MFN) above quota, 25% tariff applies | 6/30/2025 |
| Auto Parts | UK- auto parts for UK vehicles | 10% total tariff (including MFN) | 6/30/2025 | |
COUNTRY SPECIFIC TARIFFS (STACKS WITH MFN) | ||||
|---|---|---|---|---|
| Country | Tariff Regime | Scope | Tariff Rate | Effective Date |
| Canada | IEEPA Canada (Fentanyl) | Canada COO | 25% (except energy and potash at 10%) | 3/4/2025 USMCA exemption (since 3/7) |
| Mexico | IEEPA Mexico (Fentanyl) | Mexico COO | 25% (except potash at 10%) | 3/4/2025 USMCA exemption (since 3/7) |
| China | IEEPA China (Fentanyl) | CN/HK COO | 20% 10% | 3/4/2025 2/4/2025 -3/3/2025 |
| IEEPA China (Reciprocal) | CN/HK/Macao COO | 10% 84% 125% 34% | 4/5/2025-4/8/2025; 5/3/2025 - present 4/9/2025 4/10/25-5/3/25; on or after 8/12/2025 | |
| Section 301 | CN COO | 7.5%-100% | 2018 onwards | |
| All countries, except Canada, Mexico, Cuba, North Korea, Russia, Belarus, China | IEEPA Reciprocal Tariffs | See “Reciprocal Tariffs” table for individual tariff rates (ITR) for Annex I countries that will be updated as country specific rates are determined | 10% | 4/5/2025 ITR Rates will be effective 8/1/2025 or after unless extended |
| UK | US-UK Economic Prosperity Deal (EPD) | UK COO; applies to select industrial sectors, including automotive, aerospace, steel and aluminum, and pharmaceutical | See “Commodity Tariffs” table | See “Commodity Tariffs” table |
| Stacking Examples | ||||
| CA/MX: MFN + Section 232 Auto OR Section 232 Steel/Alum OR IEEPA Fentanyl MX/CA China: MFN + Section 301 + IEEPA Fentanyl China + Section 232 Auto OR Section 232 Steel/Alum OR Reciprocal Rest of World: MFN + Section 232 Auto or Section 232 Steel/Alum OR Reciprocal | ||||
ANNEX I RECIPROCAL TARIFFS (On or After 8/1/2025) | |||||||
|---|---|---|---|---|---|---|---|
| Tariff Regime | Country | Scope | Tariff Rate | Effective Date | |||
| IEEPA Reciprocal Tariffs | Annex I Countries Individual Tariff Rates (non Annex I countries continue to be subject to 10%) | All goods based on COO with exceptions such as for those subject to Section 232 or listed on Annex II | 11%-50% (see ITR Country list below) | 8/1/2025 or after | |||
| ITR Country | Annex I Tariff Rate | Announced Country Rate (as of 7/9/2025) | Effective Date | ITR Country | Annex I Tariff Rate | Announced Country Rate (as of 7/9/2025) | Effective Date |
| China | 34% | On or after 8/12/2025 | Malawi | 17% | 8/1/2025 | ||
| Algeria | 30% | 30% | 8/1/2025 | Malaysia | 24% | 25% | 8/1/2025 |
| Angola | 32% | 8/1/2025 | Mauritius | 40% | 8/1/2025 | ||
| Bangladesh | 37% | 35% | 8/1/2025 | Moldova | 31% | 25% | 8/1/2025 |
| Bosnia and Herzegovina | 35% | 30% | 8/1/2025 | Mozambique | 16% | 8/1/2025 | |
| Botswana | 37% | 8/1/2025 | Myanmar (Burma) | 44% | 40% | 8/1/2025 | |
| Brunei | 24% | 20% | 8/1/2025 | Namibia | 21% | 8/1/2025 | |
| Cambodia | 49% | 36% | 8/1/2025 | Nauru | 30% | 8/1/2025 | |
| Cameroon | 11% | 8/1/2025 | Nicaragua | 18% | 8/1/2025 | ||
| Chad | 13% | 8/1/2025 | Nigeria | 14% | 8/1/2025 | ||
| Côte d’Ivoire | 21% | 8/1/2025 | North Macedonia | 33% | 8/1/2025 | ||
| Democratic Republic of the Congo | 11% | 8/1/2025 | Norway | 15% | 8/1/2025 | ||
| Equatorial Guinea | 13% | 8/1/2025 | Pakistan | 29% | 8/1/2025 | ||
| European Union | 20% or 50% | 8/1/2025 | Philippines | 17% | 20% | 8/1/2025 | |
| Falkland Islands | 41% | 8/1/2025 | Serbia | 37% | 35% | 8/1/2025 | |
| Fiji | 32% | 8/1/2025 | South Africa | 30% | 30% | 8/1/2025 | |
| Guyana | 38% | 8/1/2025 | South Korea | 25% | 25% | 8/1/2025 | |
| India | 26% | 8/1/2025 | Sri Lanka | 44% | 30% | 8/1/2025 | |
| Indonesia | 32% | 32% | 8/1/2025 | Switzerland | 31% | 8/1/2025 | |
| Iraq | 39% | 30% | 8/1/2025 | Syria | 41% | 8/1/2025 | |
| Israel | 17% | 8/1/2025 | Taiwan | 32% | 8/1/2025 | ||
| Japan | 24% | 25% | 8/1/2025 | Thailand | 36% | 36% | 8/1/2025 |
| Jordan | 20% | 8/1/2025 | Tunisia | 28% | 25% | 8/1/2025 | |
| Kazakhstan | 27% | 25% | 8/1/2025 | Vanuatu | 22% | 8/1/2025 | |
| Laos | 48% | 40% | 8/1/2025 | Venezuela | 15% | 8/1/2025 | |
| Lesotho | 50% | 8/1/2025 | Vietnam | 46% | 20% 40%-transshipping | 8/1/2025 | |
| Libya | 31% | 30% | 8/1/2025 | Zambia | 17% | 8/1/2025 | |
| Liechtenstein | 37% | 8/1/2025 | Zimbabwe | 18% | 8/1/2025 | ||
| Madagascar | 47% | 8/1/2025 | Brazil | 50% | |||
