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Here are the latest US tariff updates

Madi Corr

04.11.25

Read time 1 minute

It’s been over six months since the US implemented its first set of ‘Liberation Day’ tariffs on trade with countries all over the world. Since then, we’ve seen a steady stream of new rates, new trade deals and renewed uncertainty about the future of global trade — with businesses worldwide looking to navigate price and currency volatility.

To bring some clarity to where things stand, we’ve broken down the latest US tariffs by industry and country:

Trade deals

Total tariff rates placed on US trading partners as per the trade agreements as of 4 November 2025.

Cambodia: 19% tariff on Cambodian goods. Certain exemptions mean some products may be eligible for a 0% tariff rate.
Malaysia: 19% tariff on Malaysian goods. Certain exemptions mean some products may be eligible for a 0% tariff rate, including palm oil, rubber and cocoa.
China: Ongoing negotiations in process. Currently, there is a 47% tariff on Chinese goods and an additional 10% tariff on chemicals tied to fentanyl production.
Europe Union: 15% tariff ceiling and special zero-tariff exemptions on specific goods, including aircraft, pharmaceuticals and natural resources.
Indonesia: 19% tariff on Indonesian goods. In some cases, the US may reduce tariffs to 0% on commodities like palm oil, cocoa and rubber.
Japan: 15% tariff on almost all Japanese goods. Products that fall under the World Trade Organisation (WTO) Agreement on Trade in Civil Aircraft are exempt from the 15% tariff and additional tariffs on steel, aluminium and copper.
Pakistan: 19% tariff on Pakistani goods.
Philippines: 19% tariff on Philippine goods.
South Korea: 15% tariff on Korean goods, including automobiles and auto parts. Some products, including pharmaceuticals, will not have tariffs applied.
United Kingdom: 10% tariff on British goods and a 10% tariff on the first 100,000 vehicles imported. Additional vehicles will receive a higher 27.5% rate.
Vietnam: 20% on Vietnamese goods. In some cases, the US may reduce tariffs to 0% on specific commodities.

Tariff rate by country/region

Total rates including 10% baseline tariff where applicable. Effective from 30 October 2025.

Brazil: 50%
Brunei: 25%
Cambodia: 19%
Canada: 10% for energy, energy resources, and potash; 35% for all other products; 40% transshipment penalty^*
Afghanistan: 15%
Angola: 15%
Bolivia: 15%
Botswana: 15%
Cameroon: 15%
Chad: 15%
Costa Rica: 15%
Côte d'Ivoire: 15%
Democratic Republic of the Congo: 15%
Dominican Republic: 25%
Ecuador: 15%
Equatorial Guinea: 15%
Fiji: 15%
Falkland Islands: 10%
Ghana: 15%
Guyana: 15%
Iceland: 15%
Israel: 15%
Japan: 15%
Jordan: 15%
Lesotho: 15%
Liechtenstein: 15%
Madagascar: 15%
Malawi: 15%
Mauritius: 15%
Mozambique: 15%
Namibia: 15%
Nauru: 15%
New Zealand: 15%
Nigeria: 15%
North Macedonia: 15%
Norway: 15%
Papua New Guinea: 15%
South Korea: 15%
Trinidad and Tobago: 15%
Turkey: 15%
Uganda: 15%
Vanuatu: 15%
Venezuela: 15%
Zambia: 15%
Zimbabwe: 15%
Nicaragua: 18%
Cambodia: 19%
Indonesia: 19%
Malaysia: 19%
Pakistan: 19%
Philippines: 19%
Thailand: 19%
Bangladesh: 20%
Sri Lanka: 20%
Taiwan: 20%
Vietnam: 20%
Brunei: 25%
India: 50%
Kazakhstan: 25%
Moldova: 25%
Tunisia: 25%
Algeria: 30%
Bosnia: 30%
Herzegovina: 30%
Libya: 30%
South Africa: 30%
Iraq: 35%
Serbia: 35%
Switzerland: 39%
Laos: 40%
Myanmar: 40%
Syria: 41%
China: 20% (additional 34% delayed until 10 November)

Tariffs by industry

Steel: 25%
Aluminum: 25%
Autos and auto parts: 25%
Copper parts: 50%
Timber and lumber: 10%
Cabinets and vanities: 25%
Upholstered furniture: 25%

Curious how tariffs could impact your business? Learn more on our blog.

^* Transshipment refers to the process of moving goods through an intermediary country to conceal the true origin of the goods.

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