Simplifying International Trade
Trump-Era Tariff Tracker & Guide
Most Recent Update: 8:03 AM CST February 18, 2025
February 2025 Tariff Update
Key Changes
China Section 301 Tariffs
Remain in effect on hundreds of billions in imports. After a four-year review, the U.S. decided to keep these tariffs and even raise rates on certain Chinese products in stages from 2024 to 2026. For example, tariffs on Chinese electric vehicles will jump from 25% to 100%, and some tech and medical items will rise from 7.5% to 25–50% ustr.gov. Meanwhile, many product-specific exclusions (temporary tariff exemptions) have been extended through at least May 2025 for eligible items ustr.gov.
Steel & Aluminum Section 232 Tariffs
The base tariffs (25% on most steel, 10% on aluminum) are still in place for most countries. However, the U.S. has tariff-rate quota (TRQ) agreements with key allies – including the EU, UK, and Japan – allowing set volumes of their metal exports in without 232 tariffs. The quota deal with the EU was recently extended through December 31, 2025 wiley.law, and similar arrangements for the UK and Japan continue. Special measures: Imports of Ukrainian steel remain tariff-free (232 duties suspended) through June 1, 2025 msci.org to support Ukraine’s economy, while tariffs on Russian metals have been sharply increased (e.g. a 200% tariff on Russian aluminum, and many other Russian metal products doubled from 35% to 70% duty) in response to the war supplychaindive.com
Solar Panel & Washer Section 201 Tariffs
The safeguard tariff on imported solar panels (crystalline silicon) has been extended into 2026 at a reduced rate, with modifications. President Biden renewed this tariff for four more years (the legal maximum) through February 2026 ustr.gov, while doubling the import quota for solar cells and exempting bifacial panels whitecase.com. In contrast, the safeguard tariffs on large residential washing machines have expired – they were allowed to lapse on February 7, 2023, after running their course cbp.gov. As a result, washing machines and parts are no longer subject to extra Section 201 duties.
Airbus/Boeing Dispute Tariffs
The punitive tariffs that the U.S. and EU had levied on each other’s products during the Airbus-Boeing aircraft subsidies dispute remain suspended. In June 2021, both sides agreed to pause these retaliatory tariffs for five years americanchemistry.com. This suspension stays in effect until 2026, meaning those specific U.S. tariffs (which had hit European aircraft, wines, cheese, etc.) are not currently being collected, pending a final resolution of the dispute.
A Timeline of Trump’s Tariff Policy
January 2025
Increased Tariffs on Solar Materials
The Biden administration doubled tariffs on Chinese solar materials like polysilicon and solar wafers.
New Tariffs on Tungsten Products
A 25% tariff was imposed on tungsten products used in solar manufacturing to counter Chinese subsidies.
Focus on Clean Energy Supply Chains
These measures aim to support U.S. clean energy investments and strengthen domestic supply chains.
December 2024
Tariffs on Fentanyl-related Imports Discussed
Talks began regarding potential tariffs on chemicals used in the production of fentanyl, targeting imports from China.
Trade Negotiations with Canada
Discussions focused on trade imbalances and improving cross-border commerce between the U.S. and Canada.
Commodity Price Surges
Global markets reacted with significant price increases in key commodities such as oil and gold due to tariff speculations.
November 2024
Colombian Trade Surplus Hits $3.9 Billion
The U.S. recorded a substantial trade surplus with Colombia, importing crude oil, coffee, and flowers.
Concerns Over Escalations
Analysts expressed worries about how escalated tariffs might affect both U.S. importers and Colombian exporters.
Trade Pressure Points
The U.S. applied diplomatic and economic pressure on Colombia regarding their deportation and cooperation policies.
October 2024
Technology Tariffs Planned
Trump hinted at imposing tariffs on tech components, prompting a reevaluation of supply chains by tech companies.
Industry Supply Chain Adjustments
Several U.S. businesses began diversifying suppliers to mitigate potential tariff impacts.
International Trade Reactions
Countries with significant tech exports to the U.S. raised concerns over the effect of these tariffs on their economies.
Understanding the Trump Tariff Strategy
The primary motivations behind Trump’s tariff measures include addressing perceived trade imbalances, protecting domestic industries, and leveraging tariffs as a tool to influence foreign policies on immigration and drug trafficking.
Manufacturing
Increased costs due to higher import duties on raw materials.
Automotive
Supply chain disruptions and price hikes due to tariffs on components from Mexico.
Agriculture
U.S. farmers face retaliation tariffs, reducing export competitiveness.
What Businesses Should Do Now
Staying Ahead of the News
STEP 1
Reassess Supply Chains
Evaluate your suppliers and identify alternatives in non-tariffed regions.
STEP 2
Stay Agile with Inventory
Accelerate shipments ahead of tariff deadlines and explore duty drawback programs.
STEP 3
Monitor Policy Developments
Keep up-to-date with tariff announcements and negotiations to adjust your strategy accordingly.
Frequently Asked Questions
If you need further assistance, feel free to reach out to our team!
What is the Trump Tariff Tracker?
The Trump Tariff Tracker is a resource providing up-to-date information on tariff policies under Donald Trump, including key announcements, timelines, and business impacts.
Which countries are affected by Trump’s latest tariffs?
Currently, the major targets are Canada, Mexico, Colombia, and China, with additional measures being considered for other trade partners.
How do these tariffs affect my business?
Tariffs can increase costs for imported goods, disrupt supply chains, and impact pricing. Staying informed allows you to adjust procurement strategies and maintain profitability.
Can tariffs change quickly?
Yes, tariffs can be implemented or lifted with little notice. Monitoring updates regularly is essential to avoid costly surprises.
Where can I find more information on tariff classifications and rates?
The U.S. International Trade Commission (USITC) publishes detailed tariff schedules. Our tracker summarizes the latest changes with actionable insights.