Member DashboardNAFEM 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 strongly recommend consulting your customs broker for real-time information specific to your products.
Understanding the U.S. Tariff Landscape
Updated June 4, 2026
Trump administration adjusts Section 232 tariffs
Effective June 8, the administration adjusted certain Section 232 tariffs on imported steel, aluminum and copper “to more effectively address national security threats; spur investment in American agriculture, housing and manufacturing; and facilitate U.S. production of related products.”
- The 15% tariff on industrial equipment was expanded to include mobile industrial equipment, like bulldozers and forklifts, when imported from trade-deal countries that are entitled to such treatment.
- Foreign companies are encouraged to use more U.S. steel and aluminum by allowing them to qualify for a 10% duty rate, if their capital equipment includes at least 85% U.S. melted and poured or smelted and cast steel or aluminum by weight.
- Tariffs on agricultural equipment, like combines and harvesters, were lowered from 25% to 15%.
The tariff changes are temporary, lasting until December 31, 2027, and are intended to encourage near–term investments to help rebuild the nation’s industrial base. A fact sheet includes more information.
USTR targets forced labor trade gaps with additional tariffs
The USTR concluded its Section 301 unfair trade practices investigations into the use of forced labor by 60 countries. Based on the findings, USTR proposes tariffs of 10-12.5% on imports from the following countries. Comments are due July 6 and a hearing is scheduled for July 7.
- 6 countries with prohibitions but failed enforcement would receive 10% tariffs: Canada, Ecuador, the European Union, Indonesia, Mexico, and Pakistan
- 54 countries that failed to impose and effectively enforce prohibitions on forced labor would receive 12.5% tariffs, including: Algeria, Angola, Argentina, Australia, the Bahamas, Bahrain, Bangladesh, Brazil, Cambodia, Chile, China, Colombia, Costa Rica, Dominican Republic, Egypt, El Salvador, Guatemala, Guyana, Honduras, Hong Kong, India, Iraq, Israel, Japan, Jordan, Kazakhstan, Kuwait, Libya, Malaysia, Morocco, New Zealand, Nicaragua, Nigeria, Norway, Oman, Peru, the Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Sri Lanka, Switzerland, Taiwan, Thailand, Trinidad and Tobago, Türkiye, United Arab Emirates, United Kingdom, Uruguay, Venezuela and Vietnam.
USTR concludes Brazil investigation; Seeks input
The U.S. Trade Representative (USTR) completed its Section 301 investigation and determined that certain Brazilian policies and practices – including those related to digital trade and electronic payments, preferential tariffs, anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation – unfairly burden or restrict U.S. commerce. USTR is proposing potential actions, including tariffs on Brazilian imports, and is seeking stakeholder feedback through comments due by July 1 and a public hearing scheduled for July 6.
10% surcharge under scrutiny
The Court of International Trade issued a permanent injunction against the 10% Section 122 tariffs. However, it only applies to the plaintiffs; the government can continue to collect 10% tariffs from non-plaintiff importers. Section 122 tariffs are set to expire July 24.
IEEPA Refunds Flowing
The IEEPA tariff refunds claim portal is active, processing nearly $40 billion in refunds. Phase One includes certain unliquidated entries and entries within 80 days of liquidation. Refund payments are taking 45-60 days to process. Some refunds are being paid sooner and in parts. CAPE consolidates refunds rather than processing them entry-by-entry. All refunds are issued electronically via ACH.
CBP plans to roll this out in phases; users are encouraged to check the webpage frequently for updates. Visit these links for a program overview and FAQs.
Section 301 tariffs upheld by Federal Circuit Court
The Federal Circuit Court has upheld the expansion of Section 301 tariffs on Chinese goods. The SCOTUS is reviewing the appeal now to determine whether to grant cert and hear the merits of the appeal.
NAFEM will continue to update this Taxes, Tariffs and Trade webpage frequently with the latest information.
| Tariff Actions | Countries | Duty Rate | Commodities/Imports |
| Section 232 June 1 Presidential Proclamation adjusting certain tariffs | 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, 2026; this decison is under appeal. | ||
| 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. Trade Representative (USTR) opened a Section 301 investigation into Vietnam’s inadequate intellectual property protection and enforcement. USTR is seeking input by July 2 regarding acts, policies and practices related to a lack of adequate and effective protection of IP rights and the denial of fair and equitable market access. Public hearing details have not been announced.
- 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. Comments were due Oct. 17 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
