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What Countries Have Tariffs Against The United States
Apr 21, 2025
If you're an American business owner, tariffs against the United States can be frustrating. One day, you could happily export your goods to a country without tariffs. Then, overnight, that same country could impose steep tariffs on your products, making it far more challenging to do business there. This Trump tariffs 2025 blog looks at what countries have tariffs against the United States to help you return to the profitable business of trading overseas.
Table of Contents
What Countries Have Tariffs Against the United States In 2025
How Tariffs from These Countries Could Potentially Affect the U.S. Traders and Markets
How U.S. Traders Can Adjust Their Strategy if Nothing is Done to Stop the Tariff War
What Caused the Tariff War?
Roots of the Global Tariff War: Tariffs on Steel and Aluminum Trigger Retaliation From Key Trading Partners
The current global tariff war finds its roots in the aggressive trade policies of the Trump administration, which began in 2018. President Trump, who believes the U.S. has been mistreated in global trade, imposed tariffs on steel (25%) and aluminum (10%) globally. Retaliatory tariffs from key trading partners came swiftly, with countries like Canada, China, the EU, and Mexico responding within months. The most significant flashpoint was China, where Trump accused the country of intellectual property theft, currency manipulation, and trade imbalance. This led to tariffs on hundreds of billions of dollars in goods between the two nations.
Reciprocal Tariff Policy: Understanding Trump's New Approach to Trade
Under Trump's leadership, the U.S. trade policy shifted dramatically from multilateralism to an aggressive "America First" approach. In 2025, the policy shifted to what Trump calls "Reciprocal Tariffs." This new idea is simple: If another country charges a high tariff on American goods, the U.S. will impose equal or higher tariffs in return. This marked a significant departure from traditional U.S. trade policy and triggered immediate retaliation by other nations.
New Tariffs Signed Into Law in April 2025 Target Countries With Existing Tariffs on U.S. Goods
In April 2025, Trump signed an executive order mandating a 10% baseline tariff on all imports from countries without favorable terms, including the UK, Australia, and Brazil. Just days later, higher tariffs were added to 57 countries, including China (145%), Vietnam, India, the EU (20%), and others. In retaliation, these countries imposed tariffs of their own. For instance, China levied 125% on American imports. Canada hit back with 25% tariffs across several sectors. The EU, Mexico, and others followed suit with their measures.
WTO Authority Weakened as Tariff Disputes Pile Up
Multiple nations are imposing retaliatory tariffs, testing the WTO's authority as disputes pile up. The WTO warns of a 0.2% global trade contraction in 2025, with deeper risks if the U.S.-China situation worsens.
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What Countries Have Tariffs Against the United States In 2025
China’s Retaliatory Tariffs: A Hard-Hitting Response
As of April 12, 2025, China has imposed a staggering 125% tariff on U.S. goods. This aggressive action directly retaliates against the U.S.'s 145% tariffs on Chinese imports. The sectors affected by this tit-for-tat include agricultural products, technology and semiconductors, and luxury goods and consumer electronics. In an alarming move, China has publicly stated it will ignore any further U.S. tariff hikes, signaling that the tariff wall has reached its maximum enforceability.
Canada’s Targeted Tariffs: Proactive Action on U.S. Goods
Canada has enacted a 25% tariff on key U.S. goods in response to the U.S. imposing 25% tariffs on Canadian steel, aluminum, and autos in March-April 2025. The products affected by Canada’s retaliatory tariffs include steel and aluminum, automobiles and auto parts, and consumer goods like clothing, furniture, tools, and food. Politically, Canada sees U.S. tariffs as a violation of USMCA and has funneled tariff revenue toward support programs for affected Canadian industries.
EU Tariffs: Targeting American Exports
The European Union has imposed a 20% tariff on most American exports in response to the U.S. reciprocal tariff policy, which increased duties on European cars, wines, and luxury goods. The sectors affected by the EU tariffs include automotive, spirits and wine, and industrial equipment and machinery.
Mexico’s Tariffs: An Ongoing Response
Mexico has imposed tariffs on U.S. goods between 10% and 25%. This action comes in response to the U.S. imposing 25% tariffs on Mexican autos and parts, which violates USMCA terms. Key targets of Mexico's tariffs include agricultural exports from the U.S. (e.g., corn, beef, dairy) and finished vehicles and machinery. Mexico has kept channels open for negotiation, but tariff enforcement remains active. GoMoon transforms economic calendar data with AI-powered insights for smarter trading decisions. Our platform analyzes global events and rates their market impact on a scale of 1-10, helping you understand how they'll affect various assets.
How Tariffs from These Countries Could Potentially Affect the U.S. Traders and Markets
Tariffs: A Shocking New Reality for Traders
As businesses adjust to the new reality of tariffs, traders are already feeling the pain. A sudden increase in tariffs creates uncertainty that impacts markets immediately. For example, when news broke of the Trump administration’s plan to impose tariffs on Chinese imports, the S&P 500 lost roughly 100 points in just a few days. While the index eventually recovered, it was clear that exporters were facing increased regulatory risks that would impact their bottom line.
How U.S. Traders Can Adjust Their Strategy if Nothing is Done to Stop the Tariff War
High-Volatility FX and Crypto Strategies for Tariff Turbulence
The ongoing trade war with China keeps forex and crypto traders on their toes, and for good reason. The volatility caused by tariff news creates plenty of opportunities to profit. As such, it’s wise to prioritize high-volatility plays in FX and crypto. Continuing global tariff tensions will sustain volatility in currency pairs like USD/CNY, USD/CAD, EUR/USD, and crypto assets like Bitcoin and altcoins.
Traders using GoMoon can
Monitor volatility indicators and volume surges tied to breaking news (e.g., tariff increases, WTO rulings, retaliation threats).
They can also use GoMoon’s automated trading bots to adjust exposure based on live geopolitical signals.
They can deploy long/short FX strategies, profiting whether currencies strengthen or weaken.
Use Diversified Exposure With Global Hedging
Don’t bet on just one economy. Tariff wars hurt bilateral trade, meaning traders should diversify into Asia-Pacific currencies and equities (e.g., AUD, NZD, or Singapore ETFs), crypto assets outside the traditional tariff framework, and gold and precious metals, which are historical safe havens. GoMoon’s portfolio manager allows users to test hedge scenarios and evaluate how their assets would perform under prolonged trade disruption.
Target Tariff-Immune U.S. Sectors
Not every part of the market suffers in a trade war. U.S.-centric sectors like Utilities, Healthcare services, and Regional banks typically outperform due to minimal global exposure.
With GoMoon
You can filter stock watchlists by “tariff sensitivity,” identifying companies least reliant on foreign supply chains.
Get earnings season insights highlighting which sectors will likely post surprise gains amid trade turbulence.
React Faster Than the News Cycle
When tariffs are announced or escalated, market reactions can occur in minutes. Traders need speed, automation, and insight.
GoMoon enables this by
Sending real-time tariff alerts directly to traders when policy changes hit (via SMS, email, or dashboard).
Flagging correlated assets that are historically reactive to specific tariff news (e.g., steel prices on Canadian tariffs).
Allowing pre-programmed trades triggered by events (e.g., “if China tariff rises by 5%, short USD/CNY”).
Watch for Supply Chain Disruptions and Reposition Early
U.S. firms will begin relocating or restructuring supply chains if tariffs persist. This means there will be. Investment opportunities in domestic manufacturing, AI automation, and energy infrastructure—sell-offs in sectors that remain globally exposed, like automotive or electronics.
Traders on GoMoon can
Track company announcements and capital shifts via GoMoon’s AI-powered news scanner.
Analyze sector-specific ETFs tied to reshoring and infrastructure growth.
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Use Our AI-powered Economic Calendar Tool for Free Today
Investors must watch economic events when trading currencies, which can cause substantial volatility. GoMoon transforms economic calendar data with AI-powered insights for smarter trading decisions. Our platform analyzes global events and rates their market impact on a scale of 1-10, helping you understand how they'll affect various assets. We've packed everything traders need: Live economic event streaming, custom notifications, and historical event replay with TradingView charts. What sets us apart is our comprehensive approach to event analysis.
Whether you're tracking the impact of major economic announcements or comparing forecast data with actual outcomes, GoMoon provides clear, actionable insights. You can personalize your calendar, stream live meetings directly on the platform, and analyze historical events like the dot-com bubble or the COVID-19 crash to understand market reactions better. GoMoon clarifies the complex world of economic events for traders seeking data-driven decisions. Get started for free to get AI-powered economic insights today.