Updated summary of IEEPA tariffs

IEEPA Tariffs

IEEPA tariffs were announced on February 1, 2025, and went into effect on February 4, 2025. The current tariff burden is as follows:

  • Goods with Country of Origin China (including Hong Kong)             20%

Tariff rates were originally 10% and then were increased to 20% on March 4, 2025

All goods under all HTS numbers are subject to these tariffs:

  • Goods with Country of Origin Canada                                              25%

Tariffs were paused until March 4, 2025, and went into effect on March 4, 2025.

Goods qualifying for USMCA treatment are excluded effective March 7, 2025.

Goods subject to IEEPA tariffs are not subject to Section 232 steel and aluminum tariffs.

  • Goods with Country of Origin Mexico                                              25%

Tariffs were paused until March 4, 2025 and went into effect on March 4, 2025

Goods qualifying for USMCA treatment are excluded effective March 7, 2025

Goods subject to IEEPA tariffs are not subject to Section 232 steel and aluminum tariffs.

Section 232 Duties on Steel and Aluminum Products and Steel and Aluminum Derivative Products

Section 232 duties on all imports of steel and aluminum subject to the HTS numbers identified in the published Federal Register notices went into effect on March 12, 2025. There are no exceptions or exclusions and all steel and aluminum as well as derivative goods are subject to these duties.

  • Steel Products 25%                                                                               
  • Aluminum Products  25%                                                                    
  • Steel Derivative Products 25%                                                            
  • Aluminum Derivative Products (including aluminum cans25%