Key Takeaways
- President Trump has imposed a wide range of tariffs throughout 2025, frequently changing or adding new trade measures and creating a fast-shifting policy landscape.
- As of Dec. 2, his broad import taxes now affect most countries worldwide, reshaping global trade and influencing the U.S. economy.
President Donald Trump upended trade policy and the economy in 2025 by imposing a slew of tariffs on nearly every country in the world.
Trump began imposing tariffs almost as soon as he took office this year and has frequently added new ones, altered or called off old ones, and threatened others, making trade policy a fast-moving target to keep track of.
Why This Matters
Tariffs influence prices, supply chains, and market volatility, shaping key financial decisions for consumers and investors.
Here’s where his far-reaching import taxes stand, as of Dec. 2.
Country-specific tariffs
Rate
Country
Status
Notes
10% minimum
All
Started Aug. 7, 2025
15%
Afghanistan
Started Aug. 7, 2025
30%
Algeria
Started Aug. 7, 2025
15%
Angola
Started Aug. 7, 2025
20%
Bangladesh
Started Aug. 7, 2025
15%
Bolivia
Started Aug. 7, 2025
30%
Bosnia and Herzegovina
Started Aug. 7, 2025
15%
Botswana
Started Aug. 7, 2025
10%
Brazil
Started Aug. 7, 2025
40%
Brazil (“Free Speech”)
Started July 30, modified Nov. 13, 2025
To punish Brazil for alleged censorship of social media. Certain products exempted including coffee and beef.
10%
BRICS trade bloc (Brazil, Russia, India, China, Egypt, Ethiopia, India, Indonesia, Iran, South Africa and the United Arab Emirates.)
Threatened
100%
BRICS trade bloc
Threatened
If they create a new currency to compete with the dollar.
25%
Brunei
Started Aug. 7, 2025
19%
Cambodia
Started Aug. 7, 2025
15%
Cameroon
Started Aug. 7, 2025
35%
Canada
Started Mach 4, last modified Aug. 1, 2025
To stop fentanyl smuggling. Goods covered by the United States-Mexico-Canada Agreement are exempt. Energy, fuel, and potash are tariffed at 10% instead. Canadian products shipped through other countries tariffed at 40%.
15%
Chad
Started Aug. 7, 2025
34%
China
Started Aug. 7, 2025, last modified Nov. 10, 2025
10%
China (fentanyl)
Started March 4, 2025, last modified Nov. 10, 2025
100%
China (retaliation for rare earth export controls)
Threatened, delayed for one year as part of trade war truce.
50% to 100%
China (for buying Russian oil)
Threatened
200%
China (if they restrict magnet exports)
Threatened
25%
China
Threatened for buying Venezuelan oil
15%
Costa Rica
Started Aug. 7, 2025
15%
Côte d`Ivoire
Started Aug. 7, 2025
15%
Democratic Republic of the Congo
Started Aug. 7, 2025
10%
Ecuador
Started Aug. 7, 2025
Some products will be exempted under a trade deal announced Nov. 13.
10%
El Salvador
Started Aug. 7, 2025
Some products will be exempted under a trade deal announced Nov. 13.
15%
Equatorial Guinea
Started Aug. 7, 2025
15%
European Union
Started Aug. 7, 2025
Some products exempted or reduced.
50%
European Union
Threatened
10%
Falkland Islands
Started Aug. 7, 2025
15%
Fiji
Started Aug. 7, 2025
15%
Ghana
Started Aug. 7, 2025
10%
Guatemala
Started Aug. 7, 2025
Some products will be exempted under a trade deal announced Nov. 13.
15%
Guyana
Started Aug. 7, 2025
15%
Iceland
Started Aug. 7, 2025
25%
India
Started Aug. 7, 2025
25%
India (for buying Russian oil)
Started Sept. 17, 2025
25%
India (for buying Venezuelan oil)
Threatened
19%
Indonesia
Started Aug. 7, 2025
35%
Iraq
Started Aug. 7, 2025
15%
Israel
Started Aug. 7, 2025
15%
Japan
Started Aug. 7, 2025
15%
Jordan
Started Aug. 7, 2025
25%
Kazakhstan
Started Aug. 7, 2025
40%
Laos
Started Aug. 7, 2025
15%
Lesotho
Started Aug. 7, 2025
30%
Libya
Started Aug. 7, 2025
15%
Liechtenstein
Started Aug. 7, 2025
15%
Madagascar
Started Aug. 7, 2025
15%
Malawi
Started Aug. 7, 2025
19%
Malaysia
Started Aug. 7, 2025
25%
Mexico
Started Aug. 7, 2025
To stop fentanyl smuggling. Products under USMCA trade agreement exempted.
25%
Moldova
Started Aug. 7, 2025
15%
Mozambique
Started Aug. 7, 2025
40%
Myanmar (Burma)
Started Aug. 7, 2025
15%
Namibia
Started Aug. 7, 2025
15%
Nauru
Started Aug. 7, 2025
15%
New Zealand
Started Aug. 7, 2025
18%
Nicaragua
Started Aug. 7, 2025
100%
Nicaragua
Threatened
For unfair trade practices.
15%
Nigeria
Started Aug. 7, 2025
15%
North Macedonia
Started Aug. 7, 2025
15%
Norway
Started Aug. 7, 2025
19%
Pakistan
Started Aug. 7, 2025
15%
Papua New Guinea
Started Aug. 7, 2025
19%
Philippines
Started Aug. 7, 2025
100%
Russia
Threatened
To end war against Ukraine.
35%
Serbia
Started Aug. 7, 2025
30%
South Africa
Started Aug. 7, 2025
15%
South Korea
Started Aug. 7, 2025
20%
Sri Lanka
Started Aug. 7, 2025
39%
Switzerland
Started Aug. 7, 2025
Will be reduced to 15% under trade deal.
41%
Syria
Started Aug. 7, 2025
20%
Taiwan
Started Aug. 7, 2025
19%
Thailand
Started Aug. 7, 2025
15%
Trinidad and Tobago
Started Aug. 7, 2025
25%
Tunisia
Started Aug. 7, 2025
15%
Turkey
Started Aug. 7, 2025
15%
Uganda
Started Aug. 7, 2025
10%
United Kingdom
Started Aug. 7, 2025
Some products exempted under trade deals, including prescription drugs.
15%
Vanuatu
Started Aug. 7, 2025
15%
Venezuela
Started Aug. 7, 2025
20%
Vietnam
Started Aug. 7, 2025
15%
Zambia
Started Aug. 7, 2025
15%
Zimbabwe
Started Aug. 7, 2025
Product-specific tariffs
Rate
Product
Status
Notes
Unknown
Agricultural products
Threatened
50%
Aluminum and aluminum products
Started March 12, 2025
British aluminum tariffed at 25%.
25%
Automobiles
Started April 3, 2025
E.U. and Japanese cars at 15% under trade deals
25%
Auto parts
Started May 3, 2025
Exemptions for Mexican and Canadian parts under the USMCA. Japanese and E.U. parts at 15% under trade deals.
Unknown
Commercial aircraft and jet engines
Threatened
50%
Copper
Started Aug. 1, 2025.
100%
Computer chips
Threatened
25%
iPhones
Threatened
10%
Lumber
Started Oct. 14, 2025.
25%
Furniture and kitchen cabinets
Started Oct. 14, 2025.
Furniture rises to 30% and cabinets to 50% in 2026. Lower rates for E.U., Japan, and Britain under trade deals.
100%
Maritime cargo handling equipment made in China or by a Chinese-owned company
Started Nov. 10, 2025
100%
Movies
Threatened
100%
Branded pharmaceutical products
Threatened
Exemptions for British imports and companies that build factories in the U.S.
Unknown
Polysilicon
Threatened
Unknown
Processed critical minerals
Threatened
Unknown
Robotics and industrial machinery
Threatened
50%
Steel and steel products
Started March 12, 2025
25% for British steel
25%
Trucks and truck parts
Started Nov. 1, 2025
Possible reductions for Mexican and Canadian trucks under the USMCA
10%
Buses
Started Nov. 1, 2025
25%
Medium- and heavy-duty vehicle parts
Started Nov. 1, 2025
Unknown
Drones and drone parts
Threatened
Unknown
Wind turbines and parts
Threatened
The announcement of widespread and aggressive tariffs has threatened the economy, contributing to a slowdown in job growth and an increase in prices.
The government collected $195 billion in tariff revenue for the fiscal year that ended in September, surpassing the $77 billion collected in the prior fiscal year.
