The current U.S. tariffs as of early 2025 include a broad and complex set of measures primarily introduced under President Trump’s administration, continuing into 2025:
- A universal baseline tariff of 10% on all imports into the U.S. took effect on April 5, 2025
- On April 9, 2025, higher "reciprocal tariffs" were imposed on imports from about 90 countries, with rates varying by country based on their trade barriers against U.S. goods. These range up to 50% for some countries, with China facing particularly high rates
- China faces a total tariff rate of up to 145%, combining the baseline, reciprocal tariffs, and additional specific tariffs including a 125% reciprocal tariff, a 20% tariff related to the fentanyl crisis, and Section 301 tariffs ranging from 7.5% to 100% on various goods
- Other notable tariffs include 25% tariffs on all foreign-made cars effective April 3, 2025, and restored 25% tariffs on steel and aluminum imports, with aluminum tariffs elevated to 25% after closing previous loopholes
- The overall average effective tariff rate faced by U.S. consumers is about 28%, the highest since 1901, with applied tariffs averaging 25.8% and effective tariffs (accounting for import reductions) around 11.3%
- Some exemptions exist, such as for certain electronics from reciprocal tariffs announced on April 11, 2025
- The reciprocal tariffs, except those on China, were paused for 90 days starting April 9, 2025, amid ongoing trade discussions with other countries
- Additional specific tariffs include 15% ad valorem tariffs on supercooled natural gas and coal from the U.S. starting February 10, 2025
In summary, the U.S. tariff landscape in 2025 is characterized by a baseline 10% tariff on all imports, with significantly higher reciprocal tariffs on many countries, especially China, combined with sector-specific tariffs on steel, aluminum, autos, and critical minerals, aiming to protect U.S. industry and address trade imbalances and national security concerns
