Tariffs recently announced under President Trump's administration generally take effect on August 7, 2025, after several delays and extensions. This date was chosen to allow Customs and Border Protection adequate time to adjust to the new duties. Some specific tariffs, like those on copper products, took effect earlier on August 1, 2025. The tariffs include a universal 10% baseline rate on most imports, with higher or country-specific rates for others based on trade deficits or negotiated agreements. For example, the "Liberation Day" tariffs, including a 10% baseline, began on April 5, 2025, with reciprocal tariffs for some countries starting April 9, 2025. New sweeping tariffs covering over 90 nations officially took effect August 7, 2025. Canada had some tariffs starting earlier, but most countries' tariffs commenced on this date. Some rates vary by country and product category, with tariffs ranging from 10% to over 40% depending on negotiations and trade policies. In summary:
- Baseline tariffs primarily took effect April 5, 2025.
- Most new tariffs from the latest executive actions took effect August 7, 2025.
- Some tariffs, like specific copper product tariffs, took effect August 1, 2025.
- There were delays and deadlines for negotiations, with tariffs implemented after those deadlines.
This timeline and phased approach reflect an evolving tariff policy with staggered implementation dates for different industries and countries.
