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Tariffs

Updated: August 12 2025, 8:45 AM

As part of the WTCNO’s ongoing commitment to supporting a business environment where international businesses and trade can thrive and bringing together public and private sector leaders to help grow Louisiana businesses, we are continuously monitoring trade policy across the world that impacts you, our members. As we continue to navigate the ever-evolving landscape of trade and commerce, it is crucial to stay informed about the policies that impact our business environment. With that in mind, the World Trade Center New Orleans has compiled a resource, outlining the latest news and information on tariffs.

Effective Country Specific

Effective Country Specific

Country Tariff RateNotesUSCBP Guidance
Afghanistan15%More information
Algeria30%More information
Angola15%More information
Bangladesh20%More information
Bolivia15%More information
Bosnia and Herzegovina30%More information
Botswana15%More information
Brunei25%More information
Cambodia19%More information
Cameroon15%More information
Canada25%10% on energy and energy resources

USMCA compliant goods are exempt		More information
Chad15%More information
China30%The 125% reciprocal rate was paused and reduced to 10% until 11/12/2025

20% Tariff under IEEPA (fentanyl)		More information
Costa Rica15%More information
Côte d`Ivoire15%More information
Democratic Republic of the Congo15%More information
Ecuador15%More information
Equatorial Guinea15%More information
Falkland Islands10%More information
Fiji15%More information
Ghana15%More information
Guyana15%More information
Iceland15%More information
India50%More information
Indonesia19%More information
Iraq35%More information
Israel15%More information
Japan15%More information
Jordan15%More information
Kazakhstan25%More information
Laos40%More information
Lesotho15%More information
Libya30%More information
Liechtenstein15%More information
Madagascar15%More information
Malawi15%More information
Malaysia19%More information
Mauritius15%More information
Mexico25%USMCA compliant goods are exemptMore information
Moldova25%More information
Mozambique15%More information
Myanmar (Burma)40%More information
Namibia15%More information
Nauru15%More information
New Zealand15%More information
Nicaragua18%More information
Nigeria15%More information
North Macedonia15%More information
Norway15%More information
Pakistan19%More information
Papua New Guinea15%More information
Philippines19%More information
Serbia35%More information
South Africa30%More information
South Korea15%More information
Sri Lanka20%More information
Switzerland39%More information
Syria41%More information
Taiwan20%More information
Thailand19%More information
Trinidad and Tobago15%More information
Tunisia25%More information
Turkey15%More information
Uganda15%More information
United Kingdom10%More information
Vanuatu15%More information
Venezuela15%More information
Vietnam20%More information
Zambia15%More information
Zimbabwe15%More information

Effective Commodity Specific

Effective Commodity Specific

Commodity Tariff RateNotesUSCBP Guidance
Automobiles and Parts25%More information
Steel and Aluminum50%The U.K. is subject to a 25% tariffMore information
Copper 50%Semi-finished copper and intensive copper derivative products
More information

Under Review

Under Review

CommodityNext Expected Action
AircraftsPublic comments closed 6/3
Maritime Cargo Handling Equipment (from China)Public comments closed 7/6
Critical MineralsCommerce report due to President by 10/19
PharmaceuticalsCommerce report due to President by 12/27
SemiconductorsCommerce report due to President by 12/27
TrucksCommerce report due to President by 1/17/26
Wood ProductsCommerce report due to President by 11/26

Trade Agreement Frameworks

Trade Agreement Frameworks

AgreementCommodityNotes
UK-US ‘Economic Prosperity Deal’Automotive Tariffs on U.K. automotive imports and auto parts will be reduced from 27.5% to 10%
the U.S. will create a quota of 100,000 U.K. cars annually, any car over the quota will be subject to a 27.5% tariff.
Steel and AluminumThe U.S. intends to negotiate an “alternative agreement” to the 25% tariff imposed on U.K. steel and aluminum.
PharmaceuticalsThe U.S. has agreed to the negotiation of “significantly preferential treatment outcomes” on pharmaceuticals and pharmaceutical ingredients, dependent on the U.K. meeting supply chain security requirements.
BeefThe general terms agree to remove the 20% tariff and create a preferential tariff-free quota for 13,000 metric tons for U.S. beef, and the U.S. will reallocate to the U.K. 13,000 metric tons of its existing “Other Countries” tariff-rate quota for beef.
EthanolReduces tariffs on U.K. imports of ethanol from the U.S. to zero.
European UnionA 15% tariff rate on most goods
The EU has agreed to purchase $750 billion worth of U.S. energy and increase investments into the U.S. by $600 million
The U.S. has agreed to implement zero tariffs on select European exports such as arcraft and chemical products
JapanA 15% tariff rate on most goods
Japan will invest $550 billion in the U.S.
South KoreaA 15% tariff rate on most goods
South Korea will make $350 billion in investments in the United States and purchase $100 billion of liquefied natural gas
U.S. - VietnamThe US will charge 20% tariffs on imports from Vietnam
Goods deemed to be transshipped, will be tariffed at a 40% rate
Vietnam will charge no tariffs on US products

Note: The WTCNO tariff tracker only includes effective tariffs, meaning, tariffs that have been implemented and guidance by USCBP has been issued. 

Note: The trade agreements listed in this tracker are not final and are subject to change upon further negotiations.