Tariff and Trade Investigation Tracker

The Trump administration has announced a variety of trade actions, including tariffs and other measures that could impact U.S. imports and exports. The table below tracks the status of major trade and tariff actions and proposals, including a full list of reciprocal tariffs.

Editor’s note: Trump’s tariffs are a constantly developing story, and the final word on most tariffs is still somewhat up in the air; and in turn, some things within this article may have changed.

Full list of tariffs and trade investigations

Important trade actions investors should watch

While the Trump administration has put in motion a large number of trade actions, some are more imminent and impactful than others.

Supreme Court strikes down reciprocal tariffs, Trump administration imposes new 10% tariff and announces additional investigations

The Supreme Court has struck down the so-called reciprocal tariffs imposed by the Trump Administration under the International Emergency Economic Powers Act (IEEPA), as well as tariffs on Canada, Mexico, and China imposed under the same authority to address immigration and the flow of illegal drugs.

The decision does not affect tariffs imposed under other statutes, such as the steel, aluminum, and automobile tariffs imposed under Section 232 or other tariffs on China imposed under Section 301.

The Trump administration has since used Section 122 of the Trade Act of 1974 to impose a 10% tariff on products of all countries, effective Feb. 24 for 150 days. Tariffs imposed under Section 122 are capped at 15%.

The order maintains exclusions from the IEEPA tariffs, including energy and certain minerals not available in the United States. An exemption for computers, smartphones, and consumer electronics had been announced, but the administration has suggested separate tariffs on those products and semiconductors are forthcoming.

Products already subject to other tariffs, like steel, aluminum, and vehicles and parts, were not subject to reciprocal tariffs. Products under investigation for potential tariffs are also exempt, including copper, pharmaceuticals, semiconductors, and lumber.

The Trump administration has also announced a series of new, accelerated investigations under Section 301 covering major trading partners. Areas of investigation include: industrial excess capacity, forced labor, pharmaceutical pricing, discrimination against U.S. technology companies and digital goods and services, digital services taxes, ocean pollution, and practices related to the trade in seafood, rice, and other products.

China tariffs

The U.S. and China reached an agreement on Oct. 30 on a range of trade issues. Under the agreement, U.S. tariffs on Chinese goods will drop to 47% and Chinese tariffs on U.S. goods will remain at 10%. China will resume purchasing soybeans and other U.S. agricultural products. China also committed to pausing its export controls on rare-earth and critical minerals announced on Oct. 9 for a year, but did not commit to rolling back controls issued earlier in 2025.

The two sides agreed to pause heightened port fees on each other’s cargo ships.

The U.S. suspended an export control rule issued on Sept. 29, which would have treated subsidiaries of black-listed companies on the so-called entity list the same as the parent company.

China is not exempt from other U.S. trade measures, such as the sector and product-specific Section 232 tariffs.

Under the agreement, China has also agreed to roll back non-tariff barriers it had imposed earlier in the year in response to the Trump administration’s actions. That includes removing export controls on 15 U.S. companies, removing 10 U.S. companies from its Unreliable Entity list, and reversing a prohibition on imports of gene sequencers from Illumina (ILMN -1.54%).

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Auto tariffs

On March 26, President Trump announced that a 25% tariff would be imposed on imports of automobiles and automobile parts starting on April 2, 2025. The auto tariffs will be added on top of existing duties. Tariffs on USMCA-compliant vehicles will apply only to non-U.S. content. Tariffs will not apply to USMCA-compliant auto parts until a process is determined to assess non-U.S. content.

On April 29, President Trump signed a pair of executive orders to lessen the impact of the automobile and parts tariffs. One order exempts imported automobiles and parts from the separate 25% tariffs on foreign steel and aluminum. The other order allows automakers that assemble vehicles in the U.S. which have 85% U.S. or USMCA-compliant content to apply to offset 3.75% of the auto parts tariffs for the next year and 2.5% in the year after, after which the offset will no longer be available.

Copper tariffs

Effective Aug. 1, a 50% tariff will be imposed on imports of semi-finished copper and copper-intensive derivative products.

Semiconductor tariffs

On Aug. 6, President Trump threatened to impose a 100% tariff on semiconductor imports except on those from companies that are moving production to the United States.

A Section 232 national security investigation into semiconductor imports was launched on April 1.

Pharmaceutical tariffs

On Sept. 25, President Trump threatened to impose a 100% tariff on imports of branded and patented pharmaceuticals starting on Oct. 1, with exemptions available for companies that manufacture drugs in the U.S. or have plans to do so. Tariffs were not put in place on Oct. 1, and a new imposition date has not been announced.

The European Union, specifically Ireland, is a major supplier of U.S. drug imports, and the U.S.-EU trade agreement signed in July caps U.S. pharmaceutical tariffs on EU exports at 15%.

Truck tariffs

On Sept. 25, President Trump announced a 25% tariff on imports of heavy-duty trucks beginning on Nov. 1. It is not clear whether those tariffs will apply to truck imports that are compliant with USMCA and face zero duty. Mexico and Canada are the primary suppliers of U.S. imports of heavy-duty trucks.

President Trump said the tariffs are meant to protect Peterbilt, Kenworth, Freightliner, Mack Trucks, “and others.”

Furniture tariffs

Kitchen cabinets, bathroom vanities, associated products, and upholstered furniture will be subject to a 25% tariff starting on Oct. 1. The tariffs for cabinets and vanities will increase to 50% on Jan. 1, and the tariffs on upholstered furniture will increase to 30%.

Vietnam, China, Canada, and Mexico are leading furniture exporters to the U.S.

Timber and lumber tariffs

Softwood lumber will be subject to a 10% tariff beginning on Oct. 14. Used primarily in homebuilding, construction, and furniture, the majority of U.S. softwood lumber imports come from Canada. The U.S. and Canada have a long-running dispute over softwood lumber, and Canadian imports are regularly subject to antidumping and countervailing duties.

iPhone and other smartphone tariffs

President Trump threatened on May 23 to impose a tariff of at least 25% on iPhones and other smartphones built outside of the United States. There was no implementation date attached to the threat.

President Trump had previously criticized Apple [NASDAQ:AAPL] for not building the iPhone in the U.S. despite the company’s commit to a $500 billion investment in the U.S., some of which will go towards expanding manufacturing and its relationships with U.S. suppliers.

The complex iPhone supply chain stretches throughout Asia, as do supply chains for most smartphones. Apple plans to move most U.S.-bound iPhone production from China to India by 2026 to reduce tariff and geopolitical risks. Moving iPhone production to the U.S. would take a massive effort.

Apple CEO Tim Cook had successfully lobbied President Trump in his first term for tariff carveouts and has continued to cultivate his personal relationship with the president.

About the Author

Jack Caporal is the Research Director for The Motley Fool and Motley Fool Money. Jack leads efforts to identify and analyze trends shaping investing and personal financial decisions across the United States. His research has appeared in thousands of media outlets including Harvard Business Review, The New York Times, Bloomberg, and CNBC, and has been cited in congressional testimony. He previously covered business and economic trends as a reporter and policy analyst in Washington, D.C. He serves as Chair of the Trade Policy Committee at the World Trade Center in Denver, Colorado. He holds a B.A. degree in International Relations with a concentration in International Economics from Michigan State University.

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Jack Caporal has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing and Nvidia. The Motley Fool recommends Illumina. The Motley Fool has a disclosure policy.