AGC America Tariff Resources

On April 2, President Trump announced he is using his authority under the International Economic Emergency Powers Act (IEEPA) to impose broad tariffs on nearly all imports entering the United States.

The new policy means that at a minimum there will be an additional 10% tax on ALL imports coming into the U.S. These tariffs will stack on top of any already in place.

AGC has developed a Resource Center for contractors to help track all tariff developments and assist contractors trying to navigate tariffs. New resources will be added and updated regularly to help contractors stay informed.

Baseline Tariffs

At a minimum, all goods coming into the United States will have a 10% tariff imposed in addition to any other existing tariffs, such as the ones listed below (except Canada and Mexico). 

As of right now, the 10% baseline tariffs will be additive to all goods, while the reciprocal tariffs have the following exemptions:

• Steel and aluminum articles as well as autos and auto parts already subject to Section 232 tariffs;
• Copper, pharmaceuticals, semiconductors, and lumber articles (These items are currently under investigation and may face their own tariffs in Nov 2025);

Reciprocal Tariffs 

President Trump has imposed tariffs on more than 100 trading partners in response to trade imbalances with those nations and territories. These rates vary based on the specific percentage of trade imbalance as calculated by the Administration. The most notable examples of the additional tariff rates are below, click HERE for the full list.

• China - 34%
• E.U. - 20%
• Vietnam - 46%
• Taiwan - 32%
• Japan - 24%

China 

President Donald Trump imposed tariffs on imports from China that added an additional 10% tax on all goods coming into the United States. On March 4, 2025, he increased those tariffs by an additional 10%. These tariffs, which add an additional 20% import tax to all Chinese goods, are in effect now.

Mexico 

Tariffs were going to be imposed on all good from Mexico at a rate of 25%. Most recently, the 25% tariff no longer applies to USMCA compliant products. These tariffs, which affect about 50% of all imports from Mexico, are currently in effect. The baseline and reciprocal tariffs mentioned above do not currently affect Mexico.

Canada 

Tariffs were imposed on all goods from Canada at a rate of 25% except certain energy and critical minerals, which will be taxed at a rate of 10%. Most recently, these tariffs no longer apply to USMCA compliant products. These tariffs, which currently affect about 40% of all imports from Canada, are currently in effect. The baseline and reciprocal tariffs mentioned above do not currently affect Canada.