Dubbing it America’s “Declaration of Economic Independence,” President Trump signed an Executive Order implementing discounted reciprocal tariffs ranging from 10 percent, globally, to up to 50 percent for specific trading partners. Certain goods already subject to additional tariffs were exempted, as were goods from Canada and Mexico addressed in earlier Executive Orders. Also announced by the President was the implementation of new 25 percent tariffs on automobiles and certain automobile parts. These auto-specific tariffs are in lieu of the reciprocal tariffs that were imposed. In discussing the reciprocal tariffs, President Trump also noted trade imbalances in pharmaceuticals and electronics/semiconductors; so, it may be possible that we will see additional tariffs in these sectors.
Keeping track of all of the tariffs that have been promulgated or proposed during the Trump Administration continues to be a head-spinning task. To help follow the proliferation of tariffs in the Trump Administration, I have put together the following list of each of the tariff measures that have been implemented, pending, or proposed since January 20, 2025.
Here is the developing landscape of U.S. tariffs as of April 2, 2025:
Country | U.S. Tariff Measure | Status |
Global | Automobiles – 25% ad valorem duty on imports of automobiles (with certain allowances for USMCA-qualifying autos) and certain automobile parts | Implemented 4/3/2025 Proclamation on Sec. 232 Duties Proclamation with HTS Amendments Effective 5/3/2025 for automobile parts |
Global [Canada & Mexico Exempt] | Reciprocal tariffs – 10% ad valorem duty globally, country-specific duties from 11%-50% ad valorem. Certain goods exempted | Implemented 4/2/2025 Effective 4/5/2025 for 10% duties Effective 4/9/2025 for country-specific duties
|
Global | All goods imported from any country that imports Venezuelan oil – discretionary 25% ad valorem duty may be imposed | Implemented 4/2/2025
|
Global | Steel – 25% ad valorem duty on imports of steel articles and derivative products with no exemptions or exclusions | Implemented: 3/12/2025 |
Global | Aluminum – 25% ad valorem duty on imports of aluminum articles and derivative products with no exemptions or exclusions | Implemented: 3/12/2025 |
Canada | 10% ad valorem duty on non-USMCA-qualifying energy and potash 25% ad valorem duty on all other non-USMCA-qualifying products of Canada | Implemented: 3/4/2025; 4/2/2025 (updated) |
Mexico | 25% ad valorem duty on all non-USMCA-qualifying products of Mexico | Implemented: 3/4/2025; 4/2/2025 (updated) |
China | 20% ad valorem duty on all products of China | Implemented: 3/4/2025 CBP Fed Reg Notice & Increase |
Global | Copper – potential tariffs on imports of copper and derivative products | Pending: Section 232 Investigation Executive Order Initiating Investigation DOC Request for Public Comments
|
Global | Lumber – potential tariffs on imports of timber, lumber, and their derivative products | Pending – Section 232 Investigation Executive Order Initiating Investigation DOC Request for Public Comments
|
China | Chinese Vessels – Port Entry Fees up to $1.5 million on Chinese owned or built vessels | Pending – USTR Sec. 301 Investigation Final Action expected after 4/17/2025 |
E.U. | 25% ad valorem duty on all products of the E.U. | Proposed: 2/26/2025, superseded by Reciprocal Tariffs |
Global | Semiconductors – 25%+ tariffs on imports of semiconductors | Proposed: 2/18/2025
|
Global | Pharmaceuticals– 25%+ tariffs on imports of pharmaceuticals | Proposed: 2/18/2025
|
This list will be updated weekly as new tariffs are implemented and new targets for tariffs are identified by President Trump and the administration.