Tariff Trends
Effective tariff rates over time, decomposed by authority, country, and sector. Source: The Budget Lab at Yale, Tariff Rate Tracker (April 2026 snapshot). Rates projected forward through December 2026 per current law.
Daily Effective Tariff Rate
ETR Decomposed by Tariff Authority
Section 232Section 301IEEPA ReciprocalIEEPA FentanylSection 122Base Rate
China vs. All Other Countries
All Other CountriesChina
ETR by Trading Partner (Excluding China)
CanadaEU-27FTA PartnersJapanMexicoRest of WorldUK
ETR by Sector (GTAP classification)
ElectronicsMotor VehiclesNon-Ferrous Metals (incl. Aluminum)Processed FoodSteelTextiles
Tariff Policy Events
26 events · ordered by effective date| Effective Date | Policy Event | Revision | Major |
|---|---|---|---|
| Jan 1, 2025 | Baseline (pre-Trump 2.0) | basic | — |
| Jan 27, 2025 | China IEEPA fentanyl (+10%) | rev_1 | — |
| Feb 4, 2025 | CA/MX fentanyl (+25%); China fentanyl (+20%) | rev_3 | Major |
| Mar 4, 2025 | USMCA carve-outs; 232 derivatives | rev_4 | — |
| Mar 12, 2025 | 232 Autos (25%) | rev_6 | — |
| Apr 2, 2025 | IEEPA Phase 1 reciprocal (Liberation Day) | rev_7 | Major |
| Apr 3, 2025 | China IEEPA: 34% -> 84% | rev_8 | — |
| Apr 5, 2025 | China IEEPA: 84% -> 125%; Phase 1 suspended | rev_9 | — |
| Apr 9, 2025 | Phase 1 suspension continues | rev_10 | — |
| Apr 11, 2025 | 232 Auto parts | rev_11 | — |
| Apr 14, 2025 | Geneva: China 125% -> 34% (suspended to 10%) | rev_12 | Major |
| May 2, 2025 | 232 derivatives doubled (25% -> 50%) | rev_14 | — |
| Jun 6, 2025 | 232 steel/aluminum 50% (Proclamation 10947) | rev_16 | — |
| Jul 1, 2025 | CA fentanyl: 25% -> 35%; copper 232 | rev_17 | — |
| Aug 7, 2025 | IEEPA Phase 2 reciprocal; Brazil EO (+40%); Phase 1 unsuspended | rev_18 | Major |
| Aug 20, 2025 | India EO (+25%) | rev_20 | — |
| Sep 12, 2025 | Japan floor (15%) | rev_23 | — |
| Sep 19, 2025 | EU exemption entries | rev_24 | — |
| Sep 26, 2025 | Section 122 entries | rev_25 | — |
| Oct 6, 2025 | MHD vehicles/buses 232; copper 232; 232 auto entries | rev_26 | — |
| Oct 15, 2025 | 301 cranes (100%); China fentanyl: 20% -> 10% | rev_27 | — |
| Nov 15, 2025 | S. Korea floor (15%); 232 auto S. Korea | rev_32 | — |
| Jan 1, 2026 | Switzerland/Liechtenstein floor (15%) | 2026_basic | — |
| Jan 16, 2026 | Semiconductor tariffs (25%; 9903.79) | 2026_rev_1 | — |
| Feb 12, 2026 | Argentina beef quota (9903.54) | 2026_rev_3 | — |
| Feb 20, 2026 | IEEPA invalidated (SCOTUS); Section 122 Phase 3 (10% blanket; 9903.03) | 2026_rev_4 | Major |