I wanted to start this short week with comparing new tariffs vs. old tariffs for May 20, 2025, across multiple countries, including the exporting country:
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| Importing Country | Exporting Country | Product Category | Old Tariff (Before May 20, 2025) | New Tariff (Effective May 20, 2025) |
|---|---|---|---|---|
| United States | China | Chinese Imports | 20% | 25% |
| Canada | Steel & Aluminum | 25% | 30% | |
| Mexico | Automobiles & Auto Parts | 25% | 35% | |
| European Union | Pharmaceuticals | 5% | 8% | |
| Vietnam | Textiles | 10% | 12% | |
| Canada | United States | Crude Oil Imports | 7% | 10% |
| Brazil | Agricultural Products | 5% | 8% | |
| China | Electronics | 12% | 15% | |
| India | Pharmaceuticals | 6% | 9% | |
| China | United States | U.S. Imports | 125% (Paused) | 10% |
| South Korea | Semiconductors | 15% | 20% | |
| European Union | Automobiles | 10% | 12% | |
| Australia | Coal | 12% | 15% | |
| European Union | India | Steel Imports | 12% | 15% |
| United States | Wheat & Soybeans | 5% | 7% | |
| Brazil | Coffee | 6% | 9% | |
| South Africa | Precious Metals | 8% | 11% | |
| United Kingdom | Germany | Automobiles | 15% | 18% |
| Taiwan | Technology Imports | 10% | 12% | |
| United States | Medical Equipment | 5% | 3% (Reduced) | |
| Japan | Consumer Electronics | 9% | 11% | |
| India | South Korea | Smartphones & Laptops | 18% | 22% |
| United States | Medical Equipment | 5% | 3% (Reduced) | |
| Japan | Automobiles | 10% | 12% | |
| Russia | Oil & Gas | 14% | 18% | |
| Mexico | United States | Corn & Soybeans | 6% | 9% |
| Saudi Arabia | Crude Oil | 10% | 12% | |
| China | Textiles | 8% | 11% | |
| Argentina | Beef | 7% | 10% | |
| Brazil | Japan | Imported Vehicles | 20% | 25% |
| United States | Electronics | 12% | 15% | |
| European Union | Wine | 5% | 7% | |
| Chile | Copper | 10% | 13% | |
| South Korea | United States | Automobiles | 10% | 12% |
| China | Steel | 15% | 18% | |
| Vietnam | Footwear | 9% | 11% | |
| Australia | United States | Beef | 7% | 10% |
| China | Coal | 12% | 15% | |
| Indonesia | Palm Oil | 8% | 10% | |
| South Africa | United States | Gold | 5% | 7% |
| European Union | Diamonds | 6% | 9% | |
| Argentina | Brazil | Soybeans | 7% | 10% |
| United States | Beef | 8% | 11% |
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