GBA Tariff Tracker
GBA is committed to keeping our members informed about the latest tariff developments under President Trump’s administration. As new tariffs are implemented, their impact on global supply chains, investment and manufacturing continues to evolve.
Please utilize the GBA Tariff Tracker below to help navigate the numerous announced and threatened tariff developments.
| Scope | Duty Rate | Effective Date | Authority | Notes | |
|---|---|---|---|---|---|
All Countries (Except Canada, Mexico, Cuba, North Korea, Russia & Belarus) |
10% |
4/5/2025 |
IEEPA |
||
Canada |
All imports |
25%; 10% on energy, energy resources and potash |
3/4/2025 |
IEEPA |
Exemption for all USMCA-compliant goods. |
China |
All imports |
125% |
4/9/2025 |
IEEPA (Reciprocal) |
Sectoral tariffs, MFN rate and additional 301 stack on top. Exemption for smartphones, laptops, PCs, servers, memory chips, flat-panel displays, solar cells and hard drives. De minimis to be disbanded 5/2/2025. |
China |
All imports |
20% |
3/4/2025 |
IEEPA (Fentanyl) |
Federal Register notice here. |
Mexico |
All imports |
25%; 10% on potash |
3/4/2025 |
IEEPA |
Exemption for all USMCA-compliant goods. |
|
Countries that purchase Venezuelan gas or oil |
25% |
4/2/2025 |
IEEPA |
Whether a specific country is subject to the tariff will depend on an interagency determination led by Secretary of State Marco Rubio. |
| Scope | Duty Rate | Effective Date | Authority | Notes | |
|---|---|---|---|---|---|
Autos |
Passenger vehicles and light trucks |
25% |
4/3/2025 |
Section 232 |
Federal Register notice here. |
Steel and Aluminum |
25% |
3/12/2025 |
Section 232 |
No exemptions/exclusions. The 200% rate for Russian aluminum remains in place. Beer and empty aluminum cans added 4/4/2025. |
| Scope | Duty Rate | Effective Date | Authority | Notes | |
|---|---|---|---|---|---|
Canada (IEEPA Retaliation) |
US$20.8 billion worth of goods, including orange juice, peanut butter, paper, appliances, footwear, cosmetics, motorcycles and more |
25% |
3/4/2025 |
Department of Finance Canada |
|
Canada (Steel and Aluminum Retaliation) |
US$20.7 billion worth of goods, including steel, aluminum, heavy metals, electronics, umbrellas, sporting equipment and more |
25% |
3/13/2025 |
Department of Finance Canada |
|
Canada (Autos Retaliation) |
Non-USMCA compliant fully assembled vehicles Non-Canadian and non-Mexican content of USMCA compliant fully assembled vehicles |
25% |
4/9/2025 |
Prime Minister of Canada |
|
China (IEEPA/301 Retaliation) |
Chicken, wheat, corn and cotton Sorghum, soybeans, |
10% 15% |
3/10/2025 |
Commerce Ministry |
Exemption for goods “on the water” before 4/12/2025. |
China (Reciprocal Tariff Retaliation) |
All U.S. imports |
125% |
4/10/2025 |
Commerce Ministry |
Exemption for goods “on the water” before 5/13/2025. |
The EU |
~US$24 billion worth of goods across diverse sectors Full list of considered products here. |
TBD; 10 – 25% |
Paused until 7/9/2025 |
Safeguard measure: Regulation (EU) No 654/2014 |
| Scope | Duty Rate | Date Announced | Authority | Next Expected Federal Action | Notes | |
|---|---|---|---|---|---|---|
57 Countries and Territories |
Variable, full list (Annex I) here |
4/2/2025 |
IEEPA |
Paused until 7/9/2025 |
Executive order here. |
|
China |
Fees ranging from $500,000 to $1.5m per ship docking at a U.S. port |
2/27/2025 |
Section 301 |
Interagency Maritime Action Plan (MAP) due on or before 11/5/2025 |
4/9/2025 executive order here. |
|
|
Foundational semiconductors and silicon carbide substrates |
TBD |
12/23/2024 |
Section 301 |
USTR report due 12/10/25 |
||
|
Canada, the EU, Turkey |
TBD |
2/21/2025 |
Section 301 |
Agency reports due on or before 4/1/2025 |
|
| Scope | Duty Rate | Date Announced | Authority | Next Expected Federal Action | Notes | |
|---|---|---|---|---|---|---|
Auto Parts |
Automobile parts (engines, transmissions, powertrain parts, and electrical components) |
25% |
3/26/2025 |
Section 232 |
Effective 5/3/2025 |
Tariffs will be suspended on USMCA-compliant parts until Commerce/CBP determine a process to identify U.S.-made subcomponents. Commerce will open an inclusion process around June 24 for domestic manufacturers to request a wider scope. |
|
Raw mined copper; copper concentrates; refined copper; copper alloys; scrap copper; and derivative products |
TBD |
2/25/2025 |
Section 232 |
Commerce Department report due on or before 11/22/2025 |
|
|
|
Raw and processed critical minerals/rare earth metals (plus uranium) and their derivative products (all goods that incorporate processed critical minerals as inputs, both semi-finished and final) |
TBD |
4/15/2025 |
Section 232 |
Secretary of Commerce to submit draft interim report for review and comment within 90 days (~ July 14th) |
Examples of derivative products include semiconductor wafers/anodes/cathodes, permanent magnets, motors, EVs, batteries, smartphones, microprocessors, radar systems, wind turbines and their components, and advanced optical devices. |
|
|
Finished drug products, medical countermeasures, critical inputs such as active pharmaceutical |
TBD |
4/14/2025 (Launched 4/1/2025, delay in Federal Register notice) |
Section 232 |
Open for comments until 5/7/2025 |
|
|
|
Semiconductors, semiconductor manufacturing equipment and their derivative products |
TBD |
4/14/2025 (Launched 4/1/2025, delay in Federal Register notice) |
Section 232 |
Open for comments until 5/7/2025 |
|
|
|
Timber, lumber and their derivative products |
TBD |
3/1/2025 |
Section 232 |
Commerce Department report due on or before 11/26/2025 |
|
| Scope | Duty Rate | Date Threatened | Authority | Next Expected Federal Action | Notes | |
|---|---|---|---|---|---|---|
BRICS |
TBD |
100% |
2/13/2025 |
TBD |
TBD |
Only if they take action on removing the dollar as a currency reserve. |
Denmark |
TBD |
TBD |
Most recently: 01/2025 |
TBD |
TBD |
Due to disputes over |
The EU |
Wines, champagnes and alcoholic products |
200% |
3/13/2025 |
TBD |
TBD |
In response to EU retaliatory tariffs. |
Japan |
TBD |
TBD |
Most recently: 3/4/2025 |
TBD |
TBD |
Only if perceived as continuing to “guide” the Yen’s value downward. |
| Scope | Duty Rate | Date Threatened | Authority | Next Expected Federal Action | Notes | |
|---|---|---|---|---|---|---|
Agricultural Products |
“External” agricultural |
25% |
3/3/2025 |
TBD |
|
No official White House correspondence; source is the President’s Joint Address to Congress. |