Tariffs by country

The center of gravity of U.S. tariff policy: Section 301 tariffs since 2018, strategic-sector increases up to 100%, the voided IEEPA fentanyl and reciprocal tariffs, and a truce that expires November 10, 2026.

Largest U.S. trading partner for steel, aluminum, lumber, and autos. The IEEPA border tariffs were struck down in February 2026, but 50% metals tariffs apply and the USMCA joint review lands July 1, 2026.

Top nearshoring destination, now exposed on autos (25% Section 232 on non-U.S. content), metals, and the July 2026 USMCA review. The IEEPA border tariffs were struck down in February 2026.

Subject to the Section 122 global surcharge, 50% metals tariffs, 25% auto tariffs, and a negotiated 15% rate on pharmaceuticals taking effect from July 2026.

The EU's largest exporter to the U.S., hit hardest by the 25% auto and auto-parts tariffs, 50% metals tariffs on machinery inputs, and the upcoming pharmaceutical tariffs.

Major auto and machinery exporter; subject to the 25% Section 232 auto tariffs, metals tariffs, and a negotiated 15% pharmaceutical rate.

Exposed on autos, steel, semiconductors, and batteries; holds a negotiated 15% pharmaceutical rate.

Holds carve-outs from the 2025 framework deal: 25% metals rate (vs. 50% globally) and a 10% pharmaceutical rate.

The biggest beneficiary of China+1 sourcing shifts — and therefore highly exposed to the Section 122 surcharge, transshipment enforcement, and any reciprocal-tariff restoration.

Growing alternative-sourcing hub for pharmaceuticals, machinery, and apparel; generic pharmaceuticals are currently excluded from the Section 232 pharma tariffs.

Dominant source of advanced semiconductors; directly affected by the 25% Section 232 tariff on high-performance chips effective January 2026.

Pharmaceutical powerhouse with a negotiated 15% rate under the Section 232 pharma proclamation (covering Switzerland and Liechtenstein).

Major steel and agricultural exporter; subject to the 50% metals tariffs and the Section 122 surcharge.

Key China+1 destination for electronics and machinery assembly; exposed to the Section 122 surcharge and transshipment scrutiny.

Semiconductor packaging and solar manufacturing hub; touched by the chip tariffs, solar-sector Section 301 history, and the Section 122 surcharge.

Rising sourcing base for apparel, footwear, and nickel-linked battery inputs; subject to the Section 122 surcharge.