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% |
4/10/2025 |
IEEPA |
Reciprocal tariff rates higher than 10% are on pause until 7/9/2025. Exemption for smartphones, laptops, PCs, servers, memory chips, flat-panel displays and hard drives. Canada and Mexico get a stay of execution, with the IEEPA tariffs related to fentanyl and the border – and the USMCA carveout – remaining in place. Executive order here. |
|
Canada |
All imports |
25%; 10% on energy, energy resources and potash |
3/4/2025 |
IEEPA |
If an auto 232 tariff has been paid, imports are not subject to this IEEPA tariff. Imports subject to this tariff are exempt from steel and aluminum 232 tariffs. Exemption for all USMCA-compliant goods. |
China |
All imports |
10% |
5/14/2025 |
IEEPA (Reciprocal) |
The 125% rate was paused and reduced to 10% until 8/12/2025 or a permanent deal is reached. Sectoral tariffs, MFN rate and additional 301 stack on top. Exemption for smartphones, laptops, PCs, servers, memory chips, flat-panel displays 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 |
If an auto 232 tariff has been paid, imports are not subject to this IEEPA tariff. Imports subject to this tariff are exempt from steel and aluminum 232 tariffs. 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 |
A tariff rate quota (TRQ) was introduced for the UK; 100,000 British vehicles can be imported into the U.S. without this 25% tariff. Imports subject to this tariff are exempt from any other 232 and reciprocal tariffs. Federal Register notice here. |
Auto Parts |
Automobile parts (engines and engine parts, transmissions and powertrain parts, and electrical components) |
25% |
5/3/2025 |
Section 232 |
Imports subject to this tariff are exempt from any other 232 and reciprocal tariffs. Rebate and tariff discount on auto parts for U.S. assembled vehicles, fact sheet here. Documentation of U.S./USMCA-content can be deducted from the total subject to tariffs. Commerce will open an inclusion process by June 24 for domestic manufacturers to request additional parts be subject to duties. |
Steel and Aluminum |
25% |
3/12/2025 |
Section 232 |
58 products have been added to the inclusion list, open for comments until 6/4/2025. The U.S. and the UK agreed to a trading union for steel and aluminum, details are still being negotiated. Any import subject to the steel tariff may still be subject to a tariff for its aluminum content and vice versa, but only if no other 232 or reciprocal tariffs. 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 |
10% |
5/14/2025 |
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 |
Maritime, logistics and shipbuilding sectors |
Variable fees based on ship ownership and operation characteristics |
2/27/2025 |
Section 301 |
|
|
|
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 | |
|---|---|---|---|---|---|---|
|
Commercial aircraft, jet engines and their respective parts |
TBD |
5/13/2025 (Launched 5/1/2025, delay in Federal Register notice) |
Section 232 |
Open for comments until 6/3/2025 |
|
|
|
Raw mined copper; copper concentrates; refined copper; copper alloys; scrap copper; and derivative products |
TBD |
2/25/2025 |
Section 232 |
Commerce Department report due to the President 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 |
Commerce Department report due to the President on or before 10/19/2025 |
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 |
4/16/2025 (Launched 4/1/2025, delay in Federal Register notice) |
Section 232 |
Commerce Department report due to the President on or before 12/27/2025 |
|
|
|
Semiconductors, semiconductor manufacturing equipment and their derivative products |
TBD |
4/16/2025 (Launched 4/1/2025, delay in Federal Register notice) |
Section 232 |
Commerce Department report due to the President on or before 12/27/2025 |
|
|
|
Medium-duty trucks, heavy-duty trucks, and medium- and heavy-duty truck parts, and their derivative products |
TBD |
4/25/2025 |
Section 232 |
Commerce Department report due to the President on or before 1/17/2026 |
|
|
|
Timber, lumber and their derivative products |
TBD |
3/1/2025 |
Section 232 |
Commerce Department report due to the President 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 |
All imports |
50% |
5/23/2025 |
TBD |
Allegedly going into effect 7/9/2025 |
|
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 |
TBD |
No official White House correspondence; source is the President’s Joint Address to Congress. |
Apple |
iPhones |
25% |
5/23/2024 |
TBD |
TBD |
No official White House correspondence; source is the President’s Truth Social account. |
Foreign Movies |
100% |
5/4/2025 |
TBD |
The President directed Commerce and USTR to immediately begin the process of instituting tariffs. TBD if that means collection (under IEEPA) or the initiation of an investigation (under 232) |
No official White House correspondence; source is the President’s Truth Social account. |