US import tariffs: what's going on

Since Donald Trump began his second term as President of the United States, import duties on foreign goods have been increased. Since 24 July 2026, the US has been levying a minimum import duty of 10% on almost all goods it imports. Trump regularly announces new measures. In this article, you can find out which import duties are changing and what the potential consequences are for businesses.

Donald Trump's 'America first' statement is widely known. The US president wants his country to become richer and more powerful again. With higher import duties in the US, he wants to stand up to other big players in the market, like China and the European Union.

Latest news

On 24 July 2026, the US regulation Section 301 came into force. This imposes a 10% import duty to imports of almost all products from the EU. Trump believes that foreign countries are not doing enough to prevent forced labour. This 10% import duty is an extra tax imposed for this reason. Not all products are covered by Section 301; there are exceptions.

Since 24 February 2026, Trump had increased import duties under a different US law. This is known as Section 122 of the Trade Act of 1974. This law was in force for 150 days and expired on 24 July 2026. At that time, the tariff was also 10% for products from the EU. However, at that time, the additional import duty was levied on top of the existing import duties. Under Section 301, the MFN rate is increased to a maximum of 10 per cent. The US refers to these existing import duties as Most Favoured Nation (MFN).

Example

For an EU product, the MFN rate in the US is 4%. Under Section 301, the US importer now pays 4% + 6% = 10%. Under Section 122, this was 4% + 10% = 14%.

Personal advice

Do you seek advice for your personal situation? Call the KVK Advice Team on 088 585 22 22. 

Lower import duties on certain US products

On 25 June 2026, the European Union adopted Regulation (EU) 2026/1455. This came into force on 1 July 2026. As a result, importers in the EU pay lower or no import duties on certain US products. These include:

  • No import duties on many industrial products from the US.
  • Lower import duties on various agricultural, fishery and seafood products from the US.

How do you prove US origin?

There is no standard document to prove that a product originates from the US. At the request of the Customs Administration of the Netherlands, you must demonstrate that the product was manufactured in the US, or that the last substantial processing took place there. A certificate of origin or a ‘Made in USA’ label is not sufficient for this purpose. So you should ask your US supplier for extra proof. And keep these documents safe. As the importer, you are responsible for providing the proof.

What are the consequences?

When imports become significantly more expensive for US companies, there are several consequences. In America, and here. It is difficult to assess exactly what impact Trump's policies will have. This also depends on the product you sell as an entrepreneur. For a manufacturer of specialised agricultural machinery, business may carry on as usual. An exporting wine producer, on the other hand, may well be badly affected by competition due to the price rise. But in general, the situation is developing as follows:

  • In America, importers are going to pay more for products from another country. They may make less profit as a result. Or they pass on the extra costs to business customers and consumers. In time, American entrepreneurs may choose to buy products and raw materials domestically. This will reduce international trade. 
  • So, the first effects of the new policy are mainly felt in America itself. After that, the rest of the world follows. Dutch entrepreneurs may lose customers in America. They may have to work hard on their relationships. Or renegotiate prices to keep their customers.
  • If trade with America declines, forwarders, carriers, and ports will also feel it. Exporters will have to look for new customers.

'America first!'

By making products from other parts of the world more expensive, Trump wants to make American products more attractive to US residents. Medicines, for example. In April 2026, Trump increased import duties on medicines covered by a US patent by 100%. From August 2028, this will also apply to other medicines. The aim is to encourage pharmaceutical businesses to produce more in the US. If Americans mainly buy goods made in their own country, this will create more American jobs and give the economy an extra boost.

What are import tariffs? 

Import tariffs, or import duties, are a kind of tax. Importers pay these for importing products from another country and marketing them in their own country. Import duties are mainly there to protect a country's own industry.

Example of import duty

Country X produces steel. Many factories in country X use this steel for their products. In country Y, the steel industry is growing. Prices are lower there. Factories from country X can import steel from country Y. An import tariff makes steel from country Y more expensive. Thus, country X protects its industry and its own steel remains interesting.

Trump policy timeline

Even before the elections, Donald Trump was talking about import levies. Now that he is president, he is changing policy. This is generating news every week. The timeline below lists the most important events.

Date
24 July 2026The new Section 301 regulations come into force. Import duties on most EU products remain at 10%.
24 July 2026

The Section 122 regulation expires.

1 July 2026The EU lowers import duties on a range of American products.
24 February 2026

The old import duties end. The new import duties come into effect.

21 February 2026

Trump threatens to adjust the 10% tariff to 15%, but does not issue an official order to this effect.

21 February 2026

Trump increases import duties in the US by 10% using other American legislation.

20 February 2026

The American Supreme Court declares Trump's increased import duties invalid.

21 January 2026

Trump withdraws the additional import duties on Dutch products.

18 January 2026The EU responds with possible additional import duties on American products.
17 January 2026Trump threatens to impose 10% additional import duties on Dutch products from 1 February 2026. This may increase to 25% on 1 June 2026.
27 July 2025The EU has reached an agreement with the US. From 7 August 2025, most EU products will be subject to a 15% import tariff.
For the time being, American products will not become more expensive in the EU.
7 July 2025Trump delays extra tarrifs on European products until 1 August. This is to allow more time for negotiations with the EU. 

3 June 2025

Trump raises the import tariffs on European steel and aluminium from 25 to 50%.

26 May 2025

After consultations with Von der Leyen, Trump postpones additional import duty until 9 July 2025. 
23 May 2025Negotiations with the EU are proceeding with difficulty, according to Trump. He is raising the additional import duty from 10% to 50% from 1 June 2025.
12 May 2025The United States and China agree to temporarily reduce import duties. 
The additional levy of 145% on Chinese products will be reduced to 30% on 14 May. 
This will apply for 90 days.
13 April 2025 Trump excludes various products from additional levies.
These include semiconductors, telephones, computers and microchips.
10 April 2025

China responds several times to the increases.
The US tariff on Chinese products now stands at 145%. 

9 April 2025The additional levies will apply to dozens of countries. After a few hours, 
Trump postpones the additional levies by 90 days, until 8 July.
Trump also halves the additional levy of 20% to 10%. The basic rate of 10% still applies.
5 April 2025The new American base rate of 10% comes into effect. 
2 April 2025Trump announces a basic tarrif of 10%.
Higher import duties are imposed on dozens of countries.  
2 April 2025The extra levy imposed on EU countries is 20%. 
12 March 2025The EU announces counter-tarrifs. These include levies on
industrial products, agricultural products, steel, aluminium, clothing, and beverages.

13 February 2025

Trump announces extra levies for more countries, including EU member states. 

1 February 2025

America raises import tarrifs for products from China,
Canada and Mexico. 

20 January 2025

Trump begins his second term as United States president. 

Â