Tariff tracker

06/23/2025

Source: BNP Paribas

US Tariff Offensive - Tariff rate (%), Value of 2024 Imports (USD, bn) - As of 20 June, 2025

Striped boxes represent Exemptions, which accounted for USD 972 bn of imports in 2024 i.e. 30% of the total Exemptions = USMCA (if applicable), Copper, Minerals, Pharmaceuticals, Electronic Products including Semiconductors.

This chart presents estimates and exclusively covers tariffs decided since 20 January 2025.

Sources: Census Bureau, White House, BNP Paribas

THE ECONOMISTS WHO PARTICIPATED IN THIS ARTICLE

Guillaume DERRIEN

Team : Advanced Economies

+ 33 1 55 77 71 89
guillaume.a.derrien@bnpparibas.com

Anis BENSAIDANI

Team : Advanced Economies

anis.bensaidani@bnpparibas.com

Tariff tracker

On the Same Theme

Part 3 — Emerging economies: More opportunities or more risks?

Part 2 — What can we expect from European (re)mobilisation? ?

Part I — Trump faced with reality

Bi-annual Conference — The new US trade tariffs: What are the consequences? How will trade be restructured?

Tariff tracker

Slowdown and reconfiguration of global trade in 2025: what are the implications for emerging countries?

United Kingdom: From Brexit to Reset

Eurozone: demand is firming up progressively

In the turmoil of US tariffs: what effects on developed economies?

Latin America: how vulnerable is it beyond tariffs?

US-China: a negative-sum game

On the oil market, how far does the convergence of interests between OPEC+ and Trump go?

Which ASEAN countries are most vulnerable to the hike in US tariffs?

Tariff escalation between the United States and the EU: sectoral differences are generally not very marked

Tariff wars are stories that usually end badly

Is the United States so disadvantaged in terms of customs duty?

US tariff offensive: a (non-exhaustive) risk map

Central Europe: Moving up the value chain

Bi-annual Conference | The economic consequences of Donald Trump’s return

Customs duties, how effective?

The state of global trade on the eve of the US presidential election

International trade: supported by emerging market countries, export momentum remains encouraging

Rising trade relations between ASEAN and China: a blessing and a curse

International trade: business activity is withstanding logistical pressures for the time being

Export market share: is Germany heading towards a more pronounced slump?

International trade: the effects of higher freight rates on exports are limited so far

Audiobrief | European Union's trade balance: back in surplus

World Trade Barometer: some improvement on the export front

European Union: from trade deficit to surplus

ECONOMIC RESEARCH

My Account

My Account

My Account