Tariffs & USMCA · Live tracker
Where U.S. Tariffs Stand
The authority keeps changing
This is the Infinity Loop in one ledger, the run of proclamations, exemptions, and pauses that replaced coherent trade policy since March 2025. The headline misses who pays: nearly 90% of the 2025 tariffs' burden fell on U.S. firms and consumers, not foreign exporters. The courts have since caught up. The IEEPA tariffs were struck down and ended in February 2026, and the Section 122 surcharge that replaced them was invalidated and expired by July. The response was not restraint but redirection, into Section 232 metals and autos, a new Section 301 forced-labor regime reaching 60 economies, and Section 338 tariffs on Canada. The authority keeps changing; the uncertainty does not.
- Mar 4, 2025 IEEPA Tariffs: Mexico
- Apr 3, 2025 Section 232 Tariffs: Passenger Vehicles
- Apr 5, 2025 IEEPA Universal Reciprocal Tariff (baseline)
The emergency power opens
It starts with IEEPA, the emergency-powers statute: 25% on Mexico and Canada on March 4, then a 10% baseline on most trading partners on April 5. Section 232 runs alongside it from the start, with 25% on passenger vehicles on April 3.
The duties start to stack
Section 232 goes to 50% on steel and aluminum on June 4 and adds copper on August 1. On August 7, the reciprocal rates turn country by country, from 10% to 41%. Two authorities, one ledger, and a rulebook for which duty applies first.
Section 232 widens
October 14 brings Section 232 to timber, lumber, upholstered furniture and kitchen cabinets. The national-security statute that started with metals now reaches the living room.
IEEPA falls, and the base moves
On February 24, 2026, every IEEPA tariff ended. The same day, a 10% Section 122 surcharge took their place for 150 days. In April, Section 232 metals reset to full customs value.
The courts, and new authorities
The Court of International Trade held the Section 122 surcharge invalid on May 7; collections continued on appeal until it expired July 24. By then the base had moved again: Section 301 findings against 60 economies in June, and 50% Section 338 duties on Canadian autos, alcohol and dairy from August 19.
Which authorities still carry tariffs
Every action on the ledger, counted by the law behind it. Solid is still in force, hatched is pending, faint is over. IEEPA and Section 122 carried the across-the-board tariffs of the period, and both are finished.
Every IEEPA action counts as over from Feb 24, 2026, when all IEEPA tariffs were terminated, and every Section 122 action from Jul 24, 2026, when the surcharge expired. The 5 country deals are split by the law behind each term: their reciprocal terms ended with IEEPA, and 14 Section 232 terms on autos, wood products, metals and civil aircraft are still in force, each traced to its proclamation or Federal Register notice.
The headline rates
The rates that decide most of what crosses the southern border. Pick one to open its rows in the ledger.
The tariff ledger
39 actions shown. Open any row for its summary and primary source.
Sources & methodology
Primary legal documents- Primary sources: U.S. Federal Register proclamations, executive orders, and White House actions (IEEPA, Section 122, Section 232, Section 301, Section 338), cited per action with docket numbers.
- Coverage begins March 2025, the start of the extraordinary-tariff period, and is maintained as new actions are published. The IEEPA tariffs were terminated in February 2026 and the Section 122 surcharge expired in July 2026; both remain in the ledger, marked terminated.
- USMCA-compliant goods from Mexico and Canada are largely exempt from the metals and reciprocal measures, with one major exception: the Section 338 duties on Canada apply regardless of USMCA origin.
- This is an editorial tracker, not legal advice. Confirm the operative rate for any specific HTS line against the Harmonized Tariff Schedule and current CBP guidance.
See how these rates land on the corridor that carries the freight: the Laredo corridor, and what the review could change on the USMCA tracker.
Covarrubias, D. (2026). Where U.S. Tariffs Stand: IEEPA, Section 232, and Section 301 since March 2025. https://labs.drdanielcovarrubias.com/tariffs
Each action in the ledger is cited to its Federal Register proclamation or executive order with docket numbers. This is an editorial tracker, not legal advice.
Covarrubias, D. (2026). Where U.S. Tariffs Stand: IEEPA, Section 232, and Section 301 since March 2025. https://labs.drdanielcovarrubias.com/tariffs.