Overview
Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and impacts on imports from multiple countries.
President Trump Issues Executive Order Imposing a 50% Tariff on Semi-Finished Copper Products and Intensive Copper Derivatives
On July 30, 2025, President Trump issued a Presidential Proclamation announcing the imposition of a fifty percent (50%) tariff on “all imports of semi-finished copper products and intensive copper derivative products” as set forth in the Annex to the Proclamation. The tariff is effective “with respect to goods entered for consumption, or withdrawn from warehouse
President Trump Imposed 50% Tariff on Brazil
On July 30, 2025, President Trump issued an Executive Order pursuant to the International Emergency Economic Powers Act (“IEEPA”) imposing an additional forty percent (40%) ad valorem rate on certain products from Brazil. This rate shall be in addition to the existing ten percent (10%) tariff rate currently imposed on goods from Brazil.
The Executive
The US and EU Reach A Trade Deal—EU Goods Subject to 15% Tariff
On July 27, 2025, President Trump announced that the U.S. and European Union (“EU”) have reached a trade deal. Pursuant to the Fact Sheet released by the White House on July 28th, the U.S. will impose a 15% tariff on all EU goods, including auto parts, pharmaceuticals, and semiconductors. The Fact Sheet further stated that
Summary of Tariff Requirements Updated: June 5, 2025
- Goods with Country
President Trump Further Increases the Reciprocal Tariff on Chinese Imports
On April 8, 2025, President Trump, acting under the authority of the International Emergency Economic Powers Act of 1977 (“IEEPA”), issued an Executive Order (“EO”) titled “Amendment to Reciprocal Tariffs and Updated Duties as Applied to Low-Value Imports from the People’s Republic of China.” The EO modifies the previous April 2, 2025 Executive Order by
President Trump Issues Universal Reciprocal Tariff and Higher Individualized Rates; Removes De Minimis Exemption for Chinese Goods
On April 2, 2025, President Trump issued an Executive Order (“EO”) imposing a 10% universal tariff on imports from all countries (with certain exceptions described below) pursuant to the International Emergency Economic Powers Act of 1977 (“IEEPA”). These tariffs will take effect at 12:01 a.m. eastern standard time on April 5, 2025.
The tariff rates
America First: President Trump’s First Week in Trade
President Donald Trump began an overhaul of U.S. Trade Policy just after being sworn into office on January 20, 2025. The administration issued a memorandum outlining the President’s “America First” trade policies.
America First Trade Policy Announcement
On January 20, 2025, within hours of taking the oath of office, President Trump signed an executive order (EO) entitled the America First Trade Policy. As anticipated, the EO directs the Department of Commerce, Department of Treasury, Office of the United States Trade Representative and other agencies to examine a host of issues some
USTR Reinstates 352 Section 301 China Tariff Exclusions. Importers May Have Opportunities For Refunds
On March 23, 2022 the U.S. Trade Representative (“USTR”) reinstated 352 Section 301 China tariff exclusions that had expired December 31, 2020. The list of reinstated exclusions can be found here: Reinstatement of Certain Exclusions Previously Extended | United States Trade Representative (ustr.gov) The 352 reinstated tariff exclusions are retroactive to October 12, 2021 and extend forward through December 31, 2022.