NAFEM informs and represents its members on the complex issues of U.S. taxes, tariffs, and trade, advocating for open and fair policies and rules that maximize market opportunities and cost-effective supply chain sourcing.
Tariff resources
While NAFEM regularly updates this resource page, we recommend regular communication with your customs broker for up-to-the-minute tariff information relative to your business and its products.
Understanding the U.S. Tariff Landscape
Updated April 7, 2026
Administration announces changes to Section 232 metal tariffs
On April 2, a Presidential Proclamation and accompanying fact sheet revised Section 232 tariffs on aluminum, steel and copper imports, effective April 6. These changes are included in the table below.
Administration enacts 10% surcharge in response to Supreme Court striking down IEEPA tariffs
A 10% temporary surcharge on global imports is in effect until July 24, following the U.S. Supreme Court 6-3 decision that the International Emergency Economic Powers Act (IEEPA) does not authorize reciprocal tariffs. The White House announcement includes exceptions “because of the needs of the U.S. economy” in Annexes I and II.
The White House is now looking into how to further raise the tariff rate while honoring existing trade agreements. As part of this effort, the U.S. Trade Representative (USTR) opened:
- A Section 301 investigation into excess industrial capacity and government backing that could give foreign companies an unfair advantage in China, the European Union, Singapore, Switzerland, Norway, Indonesia, Malaysia, Cambodia, Thailand, Korea, Vietnam, Taiwan, Bangladesh, Mexico, Japan and India.
- 60 Section 301 unfair trade practices investigations into the use of forced labor that artificially lowers prices. Impacted countries are included in the link.
IEEPA tariff refunds to begin soon
Customs and Border Protection (CBP) reports that the IEEPA tariff refunds claim portal will be operational mid-April. The initial phase of the refunds will cover 63% of the 53 million import entries that are unliquidated. Liquidated entries, those made permanent typically within a year of the entry, will take longer to process. Members should discuss details with their customs brokers. The ruling did not address Section 232 or 301 tariffs.
Here is a state-by-state total of all tariffs and IEEPA-specific tariffs collected from March 2025 – February 2026.
Section 301 tariffs upheld by Federal Circuit Court
In a unanimous Sept. 2025 opinion, the three-judge panel of the Court of Appeals for the Federal Circuit ruled that the first Trump administration was within its rights to expand the initial Section 301 tariffs on Chinese goods from $50 billion to $300 billion. The case was appealed to the SCOTUS, which elected not to hear the case.
NAFEM will continue to update this Taxes, Tariffs and Trade webpage with the latest information.
| Tariff Actions | Countries | Duty Rate | Commodities/Imports |
| Section 232 | All countries except EU, Japan, South Korea and UK where trade agreements exist, plus Russia | – 50% on articles made entirely or almost entirely of steel, aluminum or copper pay a flat 50% on the full value. – 25% on derivative articles that are at least 15% steel, aluminum or copper – 15% on certain metal-intensive industrial equipment and electrical grid equipment through 2027 – 10% on products made abroad but entirely with American steel, aluminum, and copper – 0% on products made of 15% or less steel, aluminum, or copper | |
| EU | Per the U.S. – EU Framework | Speak with suppliers and customs brokers for specifics | |
| Japan | Per the United States – Japan Agreement (see below) | Speak with suppliers and customs brokers for specifics | |
| South Korea | Per the U.S. – Korea Strategic Trade and Investment Deal (see below) | Speak with suppliers and customs brokers for specifics | |
| Russia | 200% | For aluminum imports | |
| U.K. | Per the U.S.- U.K. Economic Prosperity Deal | Speak with suppliers and customs brokers for specifics | |
| Upholstered wood furniture from all countries | Effective Oct. 14, 2025 – 10% U.K. – 15% EU – 15% Japan – 25% all other countries Presidential Proclamation | Planned 30% increase delayed to Jan. 1, 2027 | |
| Semiconductors, semiconductor manufacturing equipment and derivative products | 25% – effective Jan. 15, 2026 Presidential Proclamation | Tariffs do not apply when the chips are imported to support the buildout of the United States technology supply chain during ongoing trade negotiations with foreign jurisdictions that have the potential to strengthen the U.S. semiconductor industry. | |
| De Minimis | No longer apply for any countries – effective Aug. 29, 2025 and reconfirmed Feb. 20, 2025 | ||
| Section 301 tariffs on imports from China | Every product subject to the Section 301 actions is identified by an 8-digit or 10-digit HTS Subheading. The U.S. Trade Representative website provides a search engine for more information. | ||
| Temporary surcharge on global imports Presidential Proclamation, including Anex I and II | All items imported into the U.S. except those listed in Annex I and II | 10% from Feb. 24 – July 24 | Does not apply in addition to Section 232 tariffs. Also exempts Annex I and II product categories including: – Certain critical minerals – Energy and energy products – Metals used in currency and bullion – Pharmaceuticals – Certain electronics – Others as listed |
Canada’s Response
- The Government of Canada maintains a list of U.S. products subject to counter tariffs.
U.S. China Trade and Economic Deal
U.S. – EU Framework
- White House Fact Sheet
- Joint Statement
- Key provisions of the Agreement are provided by the Coalition of American Metal Manufacturers and Users (CAMMU).
The United States – Japan Agreement
- White House Announcement
- White House Fact Sheet
- Joint statement of Japan and the U.S.
U.S. – Korea Strategic Trade and Investment Deal
- White House Announcement
- White House Fact Sheet
The U.S. – U.K. Economic Prosperity Deal
- The May 8, 2025 Agreement addresses steel and aluminum tariffs and numerous other trade-related topics.
Additional U.S. Investigations
- The U.S. International Trade Commission (ITC) is investigating revoking permanent normal trade relations (PNTR) treatment for all Chinese imports. The review will assess how higher tariffs would affect U.S. trade flows, domestic production and prices in the most directly impacted industries. The ITC also is evaluating an alternative approach that would revoke PNTR only for a defined set of national security-related products from China, with tariffs phased in over five years. Comments are due April 13.
- The U.S. Secretary of Commerce initiated a Section 232 investigation under the Trade Expansion Act to assess whether imports of robotics and industrial machinery, and parts/components, pose a risk to national security. The scope of the investigation includes CNC machining centers, turning and milling machines, grinding and deburring equipment, and industrial stamping and pressing machines. It also includes automatic tool changers, jigs and fixtures, and machine tools for cutting, welding and handling work pieces. Application-specific specialty metalworking equipment used to treat, form or cut metal, such as autoclaves and industrial ovens, metal finishing and treatment equipment, EDM machinery, and laser and water-cutting tools and machinery also is included. Comments were due Oct. 17, 2025.
- Following a Section 301 investigation of China’s targeting dominance in the maritime, logistics and shipbuilding sectors, the U.S. Trade Representative proposed significant service fees on China-bult vessels upon entrance to U.S. ports. Following negotiations with China, these fees were suspended for one year until Nov. 10, 2026. NAFEM, the U.S. Chamber of Commerce and 100+ others advocated against the proposal that would increase shipping costs, raise prices and decrease exports and imports.
- The administration also launched a Section 232 investigation into Brazil’s trade policies. Comments were due August 18, 2025 and the U.S. Trade Representative held a hearing Sept. 3, 2025.
Global Market Access and Conformity Guide
NAFEM’s regularly updated resource to assist in the identification of international certifications, the Global Market Access and Conformity Guide provides certification contact information for fuel type, region and other data points to reduce research time. While this tool is updated periodically, we encourage companies to take all steps necessary to confirm and verify information for your specific products and market needs.
Additional Resources
Questions?
Contact advocacy@nafem.org