2025 Tariff Updates

Key Resources

• The White House – Presidential Actions
• Bloomberg – Tariff Tracker
• BBC – Tariff Rates by Country
• Yahoo Finance – News Updates
• ABC News – Latest Tariff Updates

Summary of Effective Dates

August 11, 2025—USA and China agree to delay extra tariffs for 90 days, until November 10.

August 7, 2025—U.S. imposes reciprocal tariffs on 50+ countries that did not reach a new trade deal before the Aug. 1 deadline.

August 6, 2025—U.S. will apply a 50% tariff to most Brazilian goods.

August 6, 2025—U.S. increases tariff on Indian products 25%; set to take effect Aug. 27.

July 30, 2025—U.S. suspends the duty-free de minimis classification for all countries.

July 30, 2025—All imports of semi-finished copper products and intensive copper derivative products will be subject to a 50% tariff, effective at 12:01 a.m. EST on Aug. 1.

July 27, 2025—The U.S. and European Union (EU) agree to a new trade deal.

July 22, 2025—U.S. reaches trade deals with Japan, Indonesia, and the Philippines.

July 7, 2025—County-specific reciprocal tariffs postponed until August 1.

June 4, 2025—Aluminum/Steel tariffs raised to 50% (UK remains 25% until July 9th)

May 12, 2025—China/USA agree to cut tariffs.

• 90 Day Suspension of Ad Valorem Duties on China.
• Suspension of Country-Specific Ad Valorem Rate of Duty.
• De Minimus tariff reduced from 120% to 54%

May 3, 2025—Auto parts (25% tariff under Section 232)

May 2, 2025—De Minimis elimination (China/Hong Kong)

April 10, 2025—Reciprocal Tariffs 125% for China, Hong Kong and Macau

April 5, 2025—Reciprocal Tariffs (10%)

April 3, 2025—Autos (25% tariff under Section 232)

March 12, 2025—SEC 232 (Steel/Aluminum) tariff expansion

March 4, 2025—IEEPA raised to 20%

February 4, 2025—IEEPA 10% tariff

De Minimus

July 30 Executive Order: The U.S. suspended the duty-free de minimis classification for all countries, which applied to parcels valued <$800. The order will take effect on August 29, 2025. 

Recent Executive Orders & Regulations

On August 11th, the U.S. issued an executive order that suspends the imposition of higher tariffs against China for 90 days, until 12:01 a.m. EST on November 10, with all other elements of the truce to remain in place. China’s Commerce Ministry issued a similar pause on extra tariffs.

As of August 7th, 2025, the U.S. has enacted sweeping reciprocal tariffs on imports from 60+ countries, with duties ranging from 10% to over 100%, depending on origin and sector. Additions like sector-specific penalties and anti-transshipment provisions further complicate the trade landscape. The impact on landed costs, sourcing strategies, and compliance protocols will be significant. 

• Mexico got a reprieve and its current rates were extended for another 90 days.
• The EU delayed its countermeasures by 6 months.

• In an Executive Order, the U.S. imposed an additional 25% tariff on Indian products, effective on August 27, 2025.
• The U.S. will apply a 50% tariff to most Brazilian goods, as part of the Executive Order: Addressing Threats to the United States by the Government of Brazil.

May 12, 2025 Executive Orders

90 Day Suspension of Ad Valorem Duties on China: The Executive Order will suspend for a period of 90 days application of the additional ad valorem duties imposed on China as listed in Annex I to Executive Order 14257 (as amended by Executive Order 14259 and Executive Order 14266, and clarified in the Presidential Memorandum of April 11, 2025 (Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended).

Suspension of Country-Specific Ad Valorem Rate of Duty: Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. ET on May 14, all articles imported into the customs territory of the U.S. from China, including Hong Kong and Macau, shall be, consistent with law, subject to an additional ad valorem rate of duty of 10% subject to all applicable exceptions set forth in Executive Order 14257 and the Presidential Memorandum of April 11, 2025.

International Emergency Economic Powers Act (IEEPA) Tariffs

• Imposed on February 4, 2025, at 10%, increased to 20% on March 4, 2025, with additional reciprocal tariffs up to 84% starting April 5, 9.
• 90-Day Pause for Reciprocal Tariffs effective April 10, 2025, reducing rates to 10% for all countries, except China which was increased to 125%
• Not eligible for duty drawback.
• Example total duty burden: COO:CN HTS = 7%, Sec 301 = 25%, IEEPA = 20%, Reciprocal = 125% → Total = 177%

In-Transit Provision: U.S. Customs and Border Protection (CBP) provided guidance on its IEEPA webpage concerning the applicability of the in-transit provision. The in-transit provisions for reciprocal tariffs only apply to the vessel mode of transportation and do not apply to other modes of transportation such as air, rail, truck, etc.

Section 232 Tariffs

• Copper: All imports of semi-finished copper products and intensive copper derivative products will be subject to a 50% tariff, effective at 12:01 a.m. EST on Aug. 1.
• Steel and aluminum: 50% duty effective June 4, 2025, applies to HTS Chapters 73 & 76, including derivatives.
• Automobiles & Parts:
  • Cars: 25% from April 3, 2025
  • Parts: 25% from May 3, 2025
  • USMCA-eligible autos: Tariff applies only to non-U.S. content
  • Misstatements: Subject to retroactive tariffs and clawback provisions

In the Federal Register, U.S. CBP provided instructions for importers, customs brokers, and filers about submitting import entries for the 25% tariffs on certain automobile parts from all countries. 

How This Affects You

Cost Implications: Tariffs may significantly raise the total landed cost of your products, affecting margin and pricing models.

Supply Chain Shifts: You may need to reconsider where you source products or materials to avoid excessive tariffs.

Customs Complexity: Additional documentation, declarations, and compliance steps may be required for entry processing.

How OIA Can Help

Alternative Sourcing: Tap into our global network to explore supplier options in low- or no-tariff countries.

Compliance Support: OIA’s customs specialists can assist with classification reviews, eligibility for exclusions, and regulatory compliance.

Strategic Planning: We’ll work with you on proactive strategies to mitigate current and future tariffs’ financial and operational impact.

Consultations: We’ll help you evaluate the impact of tariffs across your supply chain and identify risk areas.