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Majority Business Owners Concerned About World Event Impact on US Supply Chain

Tariff Resource Center

United States Government Building

Navigating Tariff Disruption in Real Time

The tariff landscape is one of the most volatile external factors within the current business landscape. Recent developments and rulings have created additional complexity, and focus has gone from implementation to exposure assessment and refund eligibility. Section 122 has replaced IEEPA; Section 232 and Section 301 remain in place.

Trying to interpret different statutes and analyze exposure creates undue risk. Our team consists of supply chain optimization specialists who have assisted clients with tariff mitigation strategies and can help you navigate this unsettled environment.

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Prepare for the NEXT Tariff Shift

Section 122 tariffs expired on July 24, 2026. Section 301 tariff investigations now apply between 10%-12.5% to more than 60 U.S. trading partners, certain imports from Brazil now face a total 37.5% tariff, and Section 338 will apply 50% tariffs on certain Canadian goods. At the same time, Section 232 remains in place, and companies are moving through the refund process for invalidated IEEPA tariffs. How are you managing this volatile, layered tariff landscape?

Are you accurately tracking applicable tariffs? Are you pursuing a refund with adequate documentation and supplier management best practices?

This 30-minute webinar will cover all the timely updates across the tariff landscape and we will also share need-to-knows on the refund process. Even if you are unable to attend, we encourage you to register for on-demand recording access.

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Tariff Updates

Section 338 - "Discrimination Against American Commerce"- Canada (50%)

Section 338 - "Discrimination Against American Commerce"- Canada (50%)

  • ​Effective: August 19, 2026, at 12:01 a.m. Eastern Time​
  • Targeted sectors: Motor vehicles; alcoholic beverages, and dairy​
  • Rate: an extra 50% ad valorem duty stacking on top of any existing taxes, fees, and standard duties​
  • USMCA Status: Applies to covered goods regardless of whether they qualify for preferential, duty-free origin under the USMCA agreement​
  • Exclusions: Energy products, potash, fish, critical minerals, items already subject to Section 232 tariffs​
Section 301: Forced Labor Import Duties on 60+ U.S. Trading Partners

Section 301: Forced Labor Import Duties on 60+ U.S. Trading Partners

  • Effective: July 24, 2026​
  • Scope: 60 major U.S. trading partners, representing 99.4% of U.S. goods imports.​
  • Tier 1 (10% proposed duty): Economies with legal forced labor import prohibitions or commitments, but with enforcement concerns.​
    • Examples: Canada, Mexico, the European Union, Argentina, Bangladesh, Cambodia, Ecuador, El Salvador, Guatemala,Indonesia, and Pakistan.​
  • Tier 2 (12.5% proposed duty): Other investigated economies determined to lack both prohibition, and effective enforcement.​
    • Examples: Australia, India, Israel, Egypt, Iraq, The Bahamas, and other major trading partners.​
 Section 301: Unfair Trade Practices - Brazil

 Section 301: Unfair Trade Practices - Brazil

  • ​Effective: July 22, 2026​
  • Scope:  A 25% additional duty (stacked with base Section 301 10%-12.5% for a potential 37.5% total duty) applies to a broad base of Brazilian-origin goods, mainly focusing on machinery, electrical equipment, granite, gold, tires, sugar, and apparel.​
  • Key exemptions: Spares roughly 44% of Brazilian exports, including coffee, orange juice, beef, petroleum, and civil aircraft, goods already covered by Section 232 steel and aluminum tariffs.​
 Section 232: Expansions in April, June, July 2026

 Section 232: Expansions in April, June, July 2026

  • April 2026 change: Section 232 tariffs on covered steel, aluminum, and copper derivatives are assessed on the full customs value rather than only metal content.​
  • June 2026 expansion: Downstream products were added or recalibrated, including agricultural equipment, residential HVAC systems, and mobile industrial equipment.​
  • July 2026 expansion: Effective July 31, patented pharmaceutical products and ingredients imported by the 17 largest pharmaceutical companies will face additional duties of up to 100% ad valorem. For all other companies, the increased duties will take effect on September 29, 2026. Patented pharmaceuticals and ingredients which are the product of the United Kingdom, are exempt.​
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Additional Details

  • U.S.-origin metal threshold: The “entirely American” metal content threshold waslowered from 95% to 85% by weight.​
  • Compliance detail: USMCA qualifying Canadian and Mexican steel derivativesrequire two-line reporting to separate U.S. and non-U.S. content.​
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Managing the New

Tariff Environment

Latest News

Understanding the Current Tariff Landscape: Key Developments for Middle-Market Companies

06/22/26

For middle-market importers, tariff refund opportunities can represent meaningful cash recovery.

Read More

Tariff Refunds Are Moving: What Importers Should Know About ACE Access, Timing, and Treasury Disbursements

06/22/26

For middle-market importers, tariff refund opportunities can represent meaningful cash recovery.

Read More

US Opens Portal for Tariff Refund Claims

04/21/26

The Trump administration has opened an online portal where businesses can file their claims for refunds on the tariffs they paid under the emergency powers that the Supreme Court has since ruled unconstitutional.

Read More

Section 232 Tariff Changes Could Raise Costs for Importers of Steel, Aluminum, and Copper Products

04/07/26

The April 2, 2026, Proclamation, effective for covered goods entered on or after April 6, 2026, significantly reshapes how Section 232 duties apply to steel, aluminum, copper, and derivative products.

Read More

Challenges and opportunities amid 25% automotive tariffs

04/01/25

New 25% tariffs on imported vehicles and parts are shaking up the auto industry, creating uncertainty—but also opportunity. As automakers and suppliers face critical strategic decisions, forward-thinking companies can still position themselves for growth.

Read More

Section 301 Tariff Investigations Target Major U.S. Trade Partners, Threaten Additional Complications

03/25/26

The United States Trade Representative (USTR) has initiated Section 301 investigations into 60 economies, marking a significant development in the evolving global trade landscape.

Read More

Court Orders Refunds of IEEPA Tariffs: What the CIT Ruling Means for Businesses

03/05/26

The United States Court of International Trade (CIT) has issued a major development in the ongoing tariff dispute, ordering Customs and Border Protection (CBP) to refund certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA).

Read More

Five Things Business Owners Can Do after Latest Tariff Updates

02/23/26

For business owners, the question is how to respond to this development in a way that protects margins, preserves flexibility, and avoids costly mistakes. Here are five practical steps you can take now.

Read More

Accountants Tackle Tariff Increases After 'Liberation Day'

04/04/25

President Trump's imposition of steep tariffs on countries around the world is likely to drive demand for accounting experts and consultants to help companies adjust and forecast the ever-changing percentages and terms.

Read More

Voided Tariffs Replaced with Section 122 Tariffs: Rates Broadly Applied at 10%

02/23/26

Following the Supreme Court’s decision to invalidate IEEPA tariffs, the administration replaced those tariffs with Section 122 tariffs under the Trade Act of 1974.

Read More

Supreme Court Invalidates Global Tariffs, But Tariff Story Far From Over

02/20/26

After months of legal challenges and mounting uncertainty, the Supreme Court has struck down the Trump administration’s global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), including reciprocal tariffs and targeted import taxes tied to fentanyl enforcement.

Read More

Tariffs: From Disruption to Operating Reality for Construction; What to Do Now

01/28/26

For construction companies, tariffs have become a direct input into bid accuracy and project margin. The current environment is challenging not only because rates are higher on core materials, but also because tariff programs can overlap and change assumptions quickly.

Read More

Supreme Court Weighs Legality of Tariffs

11/03/25

The ruling will decide whether the International Emergency Economic Powers Act (IEEPA) allows presidents to impose tariffs without congressional approval.

Read More

Trump Finds New Trade Targets - Pharmaceuticals, Kitchen Cabinets and Heavy Trucks

09/29/25

In an article originally published by the Associated Press, Charles Clevenger was quoted on President Trump’s recent announcement of new tariffs, including 100% on pharmaceuticals, 50% on kitchen cabinets and bathroom vanities, and 25% on heavy trucks.

Read More

Transfer Pricing Considerations Amid 2025 Tariff Developments

08/26/25

Tariffs have been creating challenges and forcing tough decisions for business owners, resulting in reductions in workforce, price increases for consumers, delays in investment, and other negative impacts.

Read More

Tariff Turbulence: An Update on U.S. Trade Policy and Global Impacts

08/06/25

The United States continues to actively reshape its global trade relationships through a combination of targeted tariffs and strategic trade agreements. In just the first seven months of the year, it has been reported that tariff collections have generated an estimated $172 billion in revenue.

Read More

Tariffs Collide with Taxes in Trump Bill

05/22/25

Artificial intelligence has quickly become a tech solution that businesses of all sizes across sectors are either implementing or looking to do so soon.

Read More

Where We Stand Today: Industry Insights into the Future of Tariffs

05/19/25

Navigating the evolving tariff landscape requires strategic compliance, financial management, and a commitment to continuous improvement.

Read More

Trump Executive Order Eases Impact of Auto Tariffs but Adds Another Layer of Complexity

05/01/25

The latest development surrounding President Trump’s quest to bring manufacturing back to the United States comes by way of a tariff revision to the recent 25 percent duty on imported vehicles and auto parts.

Read More

The Current Tariff Landscape

Tariff Refunds Are Moving

US Opens Portal for Tariff Refunds

Section 232 Tariff Changes

Auto Industry Faces 25% Tariffs

Section 301 Tariff Investigations

Court Orders Refunds of IEEPA

Five Post-Tariff Action Steps

Accountants Tackle Tariff Increases

Section 122 Tariffs

Supreme Court Rules On Tariffs

Tariffs: Reality for Construction

Supreme Court Weighs Legality

Trump Finds New Trade Targets

Transfer Pricing Considerations

An Update on U.S. Trade Policy

Tariffs Collide with Taxes in Trump Bill

Industry Insights: The Future of Tariffs

Executive Order Limits Tariff Impact

For middle-market importers, tariff refund opportunities can represent meaningful cash recovery.

For middle-market importers, tariff refund opportunities can represent meaningful cash recovery.

The Trump administration has opened an online portal where businesses can file their claims for refunds on the tariffs they paid under the emergency powers that the Supreme Court has since ruled unconstitutional.

The April 2, 2026, Proclamation, effective for covered goods entered on or after April 6, 2026, significantly reshapes how Section 232 duties apply to steel, aluminum, copper, and derivative products.

New 25% tariffs on imported vehicles and parts are shaking up the auto industry, creating uncertainty—but also opportunity. As automakers and suppliers face critical strategic decisions, forward-thinking companies can still position themselves for growth.

The United States Trade Representative (USTR) has initiated Section 301 investigations into 60 economies, marking a significant development in the evolving global trade landscape.

The United States Court of International Trade (CIT) has issued a major development in the ongoing tariff dispute, ordering Customs and Border Protection (CBP) to refund certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA).

For business owners, the question is how to respond to this development in a way that protects margins, preserves flexibility, and avoids costly mistakes. Here are five practical steps you can take now.

President Trump's imposition of steep tariffs on countries around the world is likely to drive demand for accounting experts and consultants to help companies adjust and forecast the ever-changing percentages and terms.

Following the Supreme Court’s decision to invalidate IEEPA tariffs, the administration replaced those tariffs with Section 122 tariffs under the Trade Act of 1974.

After months of legal challenges and mounting uncertainty, the Supreme Court has struck down the Trump administration’s global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), including reciprocal tariffs and targeted import taxes tied to fentanyl enforcement.

For construction companies, tariffs have become a direct input into bid accuracy and project margin. The current environment is challenging not only because rates are higher on core materials, but also because tariff programs can overlap and change assumptions quickly.

The ruling will decide whether the International Emergency Economic Powers Act (IEEPA) allows presidents to impose tariffs without congressional approval.

In an article originally published by the Associated Press, Charles Clevenger was quoted on President Trump’s recent announcement of new tariffs, including 100% on pharmaceuticals, 50% on kitchen cabinets and bathroom vanities, and 25% on heavy trucks.

Tariffs have been creating challenges and forcing tough decisions for business owners, resulting in reductions in workforce, price increases for consumers, delays in investment, and other negative impacts.

The United States continues to actively reshape its global trade relationships through a combination of targeted tariffs and strategic trade agreements. In just the first seven months of the year, it has been reported that tariff collections have generated an estimated $172 billion in revenue.

Artificial intelligence has quickly become a tech solution that businesses of all sizes across sectors are either implementing or looking to do so soon.

Navigating the evolving tariff landscape requires strategic compliance, financial management, and a commitment to continuous improvement.

The latest development surrounding President Trump’s quest to bring manufacturing back to the United States comes by way of a tariff revision to the recent 25 percent duty on imported vehicles and auto parts.

Meet Our Professionals

Partner, UHY LLP
Managing Director, UHY Advisors
Principal, UHY Consulting
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Hear from Our Clients

Customs Invoice Analysis Nets $50k in Savings

Customs Invoice Analysis Nets $50k in Savings

A ~$75m plastic and tooling supplier was importing an injection mold tool from China. With a total invoice value of ~$500k, which included material and manufacturing costs, plus design and development services.  UHY’s Tariff Support Team conducted a careful analysis of the purchase order and was able to advise on how to break out the tool cost for customs purposes, so that a 50% tariff would only be applied to the material content. 

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Facing shifting tariff regulations, UHY provided the Vice President with actionable intelligence and clear recommendations, driving effective responses and minimizing operational impact.

“Trying to understand the constantly evolving import tariffs is too much for the resources of our small business to manage.  Fortunately, the team at UHY has been able to update us regularly on how the changes impact our business, allowing us to quickly adjust our future manufacturing supply base and costing models.  The timely information UHY provided has enabled us to remain on course through this landscape of uncertainty.”

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