On July 10, President Trump announced a letter was sent to Canada stating that the U.S. will impose a 35% tariff on Canadian goods effective August 1. USMCA products and other Canada-specific tariffs (i.e., energy and fertilizer) that were previously announced remain in place. This increase still needs to be formalized through an official legal mechanism.
On July 10, President Trump announced on Truth Social that any country not receiving a letter, or those who have reached a deal with the U.S., should expect a 15% to 20% tariff added to the Liberation Day reciprocal tariff rate to be effective August 1. The rates must still be formalized.
On July 9, Trump announced via Truth Social that the U.S. will impose a 50% tariff rate on copper and semi-finished copper products (matching steel and aluminum tariff rate) effective August 1.
On July 7, Trump issued a Fact Sheet stating he is sending formal letters to 14 countries threatening new, higher tariff rates of 25% to 40% effective August 1 if concessions to the U.S. are not made. The nations affected include Japan, South Korea, Malaysia, Kazakhstan, and Tunisia (facing 25% tariff), South Africa and Bosnia and Herzegovina (30%), Indonesia (32%), Serbia and Bangladesh (35%), Cambodia and Thailand (36%), and Laos and Myanmar (40%).
In the letters, Trump stated that the tariffs would be imposed unless these countries increase imports of U.S. goods and reduce their own trade barriers, but the Administration is still open to negotiations.
On July 7, President Trump issued an Executive Order extending the "Liberation Day" tariff pause once again from July 9 to August 1. The EO explicitly applies to all reciprocal tariffs except for China.
On July 2, Trump announced on Truth Social that Vietnam’s tariff rate will be set at 20% (instead of 46%) and a 40% tariff for "transshipping." Which, as Commerce Secretary Howard Lutnick stated, means, "if another country sells their content through products exported by Vietnam to us — they’ll get hit with a 40% tariff." Additionally, in a separate Truth Social Post, Trump said that the Vietnam tariff of U.S. imports will be 0%. These rates were announced to take effect July 9. No actions have been taken to formalize these agreements.
On June 26, President Trump announced a finalized trade agreement with China that mirrors much closer to the previously announced deal back in May following talks in Geneva, versus the more recently announced deal from June 11, after talks in London. The new rates will be effective for 90 days. The new tariff rates were expected to effectively be 30% on imports into the U.S. from China and 10% on U.S. exports into China. The announcement is expected to technically implement a 10% tariff rate on China, but the 20% rate from March still applies making the total rate on most goods imported from China 30%. This deal must still be formalized by both countries.
On June 3, President Trump issued a proclamation from his May 30 announcement that he would increase the tariff on imported steel and aluminum to 50% (from 25%) effective June 4. The United Kingdom’s Steel and Aluminum rates were held at 25% through July 9 depending on the UK’s compliance with the U.S.-UK Economic Prosperity Deal (EPD).
On May 23, Trump, through a post on Truth Social, threatened to impose a 50% tariff on the European Union to begin June 1, but after a call with EU Commission President Ursula von der Leyen on May 25, he agreed to delay the tariffs until July 9, 2025 to allow more time for negotiations. This 50% tariff has not been formally announced through the White House as of May 27, maintaining the paused Liberation Day 20% until formally replaced.
On May 8, Trump announced the U.S.-UK Economic Prosperity Deal (EPD). This Deal will reduce the tariff rate on 100,000 UK-manufactured automobiles to 10% with any additional vehicles tariffed at 25%. In his June 3 proclamation, Trump allowed the UK’s Steel and Aluminum rates to be held at the 25% through July 9 depending on the UK’s compliance with the EPD. All other products from the UK remain at the previously implemented 10% baseline rate.
On April 11, Trump issued a memorandum announcing an amendment to the April 2 Executive Order providing further exemptions for 20 electronics categories from the reciprocal tariffs. The amendment, effective April 12, are retroactive to April 5 and therefore exempts such electronics from all reciprocal tariffs including China’s since-paused 125% and the global baseline 10% tariff. The amendment includes electronics such as computers, computer parts, smartphones, storage devices, display modules, diodes and transistors, processors, integrated circuits, semiconductor manufacturing parts, among others. Following these amendments, Commerce Secretary Lutnick called the exemptions temporary, with sector-specific tariffs expected “in a month or two”. At one point, Trump had claimed the products were "just moving to a different Tariff 'bucket,'" leading to days of confusion, but the exemptions are currently in place.
On April 8, Trump announced that he soon plans to impose "major" tariffs on pharmaceutical imports to push manufacturers to relocate production to the U.S.
In the May 12 Executive Order, Trump reduced the De Minimis rate on Chinese imports effective May 14. This change means that goods valued at or under $800 from China will face a duty of 54% (reduced from 120%) of their value or a flat fee of $100 per item, no longer increasing to $200 June 1, for postal shipments and non-postal imports. NOTE: The De Minimis Exemption remains for all other counties until adequate systems are in place to fully and expeditiously process and collect duty revenue.
Dozens of countries are reportedly working to negotiate with the U.S. on new trade deals to establish new tariff rates.
On February 1, 2025, President Trump signed executive orders imposing significant tariffs on Mexico, Canada, and China. The measures include:
On July 10, President Trump announced on Truth Social that any country not receiving a letter, or those who have reached a deal with the U.S., should expect a 15% to 20% tariff added to the Liberation Day reciprocal tariff rate to be effective August 1. The rates must still be formalized.
On April 9, Trump had announced that Reciprocal Tariffs from his April 2 "Liberation Day" would be paused for 90 days and would return down to the universal 10% rate. The pause was in reaction to over 75 countries that reached out to the U.S. for trade discussions. This deadline was set to come and go July 9, but on June 27, the White House suggested this date was a soft deadline for new agreements and then formally extend to August 1 on July 7.
On April 2, President Trump moved forward with what he dubbed “Liberation Day” where he signed an Executive Order to impose tariffs on all countries at a minimum, baseline rate of 10% that became effective April 5. The announcement also included a lengthy list of reciprocal tariffs to be imposed on specific countries that range from a rate of 11% up to 54% effective April 9. The Executive Order includes a list of products exempt from the 10% baseline tariff and reciprocal rates, including certain metals, minerals, pharmaceuticals, semiconductors, lumber, electronics, and energy-related goods.
The April 2 Executive Order provides that retaliation from other countries imposing additional duties on the U.S. could lead to increased or expanded tariffs; countries addressing unfair trade practices and aligning with U.S. economic/security goals may see tariffs reduced; and, if U.S. manufacturing capacity and output continue to worsen, the government may increase further tariffs.
On February 13, 2025, Trump signed a memorandum directing his administration to develop a plan for implementing reciprocal tariffs on U.S. imports. These tariffs were to mirror those placed on U.S. goods by other countries. For example:
The Commerce Secretary and U.S. Trade Representative were to study and report on tariff rates on a country-by-country basis, which they completed on April 1. This report is what led up to the tariffs announced on April 2.
On July 10, President Trump announced a letter was sent to Canada stating that the U.S. will impose a 35% tariff on Canadian goods effective August 1. USMCA products and other Canada-specific tariffs (i.e., energy and fertilizer) that were previously announced remain in place. This increase still needs to be formalized through an official legal mechanism.
On July 7, Trump issued a Fact Sheet stating he is sending formal letters to 14 countries threatening new, higher tariff rates of 25% to 40% effective August 1 if concessions to the U.S. are not made. The nations affected include Japan and South Korea, Malaysia, Kazakhstan, and Tunisia (facing 25% tariff), South Africa and Bosnia and Herzegovina (30%), Indonesia (32%), Serbia and Bangladesh (35%), Cambodia and Thailand (36%), and Laos and Myanmar (40%).
In the letters, Trump stated that the tariffs would be imposed unless these countries increase imports of U.S. goods and reduce their own trade barriers, but the Administration is still open to negotiations.
On July 2, Trump announced on Truth Social that Vietnam’s tariff rate will be set at 20% (instead of 46%) and a 40% tariff for “transshipping.” Which, as Commerce Secretary Howard Lutnick stated, means, “if another country sells their content through products exported by Vietnam to us — they’ll get hit with a 40% tariff.” Additionally, in a separate Truth Social Post, Trump said that the Vietnam tariff of U.S. imports will be 0%. These rates were announced to take effect July 9. No actions have been taken to formalize these agreements.
On June 26, President Trump announced a finalized trade agreement with China that mirrors much closer to the previously announced deal back in May following talks in Geneva, versus the more recently announced deal from June 11, after talks in London. The new rates will be effective for 90 days. The new tariff rates were expected to effectively be 30% on imports into the U.S. from China and 10% on U.S. exports into China. The announcement is expected to technically implement a 10% tariff rate on China, but the 20% rate from March still applies making the total rate on most goods imported from China 30%.
On June 11, after two days of talks in London, President Trump and Chinese officials announced that a deal had been made between the two parties. The expected new U.S. tariffs on Chinese goods was expected to be 55% and Chinese tariffs on U.S. goods would have been 10%. Further, it was announced that China had agreed to concessions on rare earth exports and the U.S. agreed to ease restrictions on Chinese students. The agreement was not formalized by either presidents before.
On May 12, the White House released a Joint Statement on U.S.-China Economic and Trade Meeting in Geneva committing to a 90-day tariff reduction by both the U.S. and China. The Statement required both countries to formally take the actions by May 14. Through various reductions and removals, the new tariff rates were expected to effectively be 30% on imports into the U.S. from China and 10% on U.S. exports into China. These new tariff rates were to remain in place for 90 days to allow for further conversations and negotiations between the two countries. The announcement technically implemented a 10% tariff rate on China, but the 20% rate from March still applied, making the total rate on most goods imported from China 30%.
On April 9, Trump had raised tariffs on Chinese goods to 125%, citing China's lack of respect towards global markets as justification. The 125% tariff was to still be added to the initial 20% tariff, bringing the tariff total to 145% on most imports.
On April 8, Trump had amended the reciprocal rate of 34% to 84% on China. That would have then been added to the previous 20% rate, making the tariff 104%.
There is no official confirmation that the 25% "secondary tariff" on countries importing Venezuelan oil has been formally imposed on China as of April 3. However, if activated, this tariff would add 25% to existing duties on Chinese goods.
On April 2, President Trump had signed an Executive Order explicitly removing the De Minimis exemption on Chinese imports to be effective May 2; however, on April 8 and then again on April 9, Trump issued new Executive Orders that superseded the April 2 order imposing higher duties. This change meant that goods valued at or under $800 from China would, starting May 2, face a duty of 120% of their value or a flat fee of $100 per item (scheduled to increase to $200 June 1) for postal shipments, and non-postal imports will be subject to all applicable duties. These rates were later reduced in the May 12 Executive Order, effective May 14, that implemented a duty of 54% of their value or a flat fee of $100 per item, no longer increasing to $200 June 1, for postal shipments and non-postal imports. NOTE: The De Minimis Exemption remains for all other counties until adequate systems are in place to fully and expeditiously process and collect duty revenue.
On March 24, President Trump signed an Executive Order to impose a 25% "secondary tariff" on all goods imported from countries that purchase oil or gas from Venezuela, either directly or indirectly through third parties. This took effect on April 2. It aims to sever financial support for Venezuelan President Nicolás Maduro's regime and address alleged security threats posed by Venezuela.
The tariff is expected to be imposed in addition to existing tariffs and will lapse one year after a country ceases importing Venezuelan oil, or sooner if deemed appropriate. Trump cited Venezuela's hostility towards the United States and alleged deliberate criminal activities as reasons for the tariff.
On May 23, Trump, through a post on Truth Social, threatened to impose a 50% tariff on the European Union to begin June 1, but after a call with EU Commission President Ursula von der Leyen on May 25, he agreed to delay the tariffs until July 9, 2025 to allow more time for negotiations. This 50% tariff has not been formally announced through the White House as of May 27, maintaining the paused Liberation Day 20% until formally replaced.
On April 2, Trump’s reciprocal tariffs included a 20% tariff on EU imports but was paused with the other reciprocal tariffs on April 9, which lowered the tariff down to the universal 10% rate.
Back on February 26, during his first cabinet meeting, Trump had stated he will impose a 25% tariff on EU imports, mentioning "cars and all other things". He said this would be announced "very soon".
On May 8, Trump announced the U.S.-UK Economic Prosperity Deal (EPD). This Deal will reduce the tariff rate on 100,000 UK-manufactured automobiles to 10% with any additional vehicles tariffed at 25%. In his June 3 proclamation, Trump allowed the UK’s Steel and Aluminum rates to be held at 25% through July 9 depending on the UK’s compliance with the EPD. All other products from the UK remain at the previously implemented 10% baseline rate.
United States–Mexico–Canada Agreement-compliant goods remain mostly unchanged by the April 2 tariffs. USMCA-compliant goods remain exempt from tariffs, while non-compliant imports from Canada and Mexico face 25% duties. The 10% baseline tariff also does not apply to USMCA-compliant goods. Additionally, the tariffs on non-USMCA qualifying potash from Canada and Mexico remain at the previously announced 10% rate. The Executive Order also states that, if these 25% and 10% tariffs are terminated, the tariff rate will shift to 12% for non-USMCA compliant goods, but no word on such a termination has been made.
On April 11, Trump issued a memorandum announcing an amendment to the April 2 Executive Order providing further exemptions for 20 electronics categories from the reciprocal tariffs. The amendment, effective April 12, are retroactive to April 5 and therefore exempts such electronics from all reciprocal tariffs including China’s 125% and the global baseline 10% tariff. The amendment includes electronics such as computers, computer parts, smartphones, storage devices, display modules, diodes and transistors, processors, integrated circuits, and semiconductor manufacturing parts, among others. Following these amendments, Commerce Secretary Lutnick called the exemptions temporary, with sector-specific tariffs expected “in a month or two”. At one point, Trump had claimed the products were "just moving to a different Tariff 'bucket,'” leading to days of confusion, but the exemptions are currently in place.
On February 10, President Trump signed proclamations imposing a 25% tariff on all imported steel and aluminum that went into effect March 12. This action revives and expands upon tariffs from his previous administration:
All prior exemptions for both steel and aluminum tariffs are now void.
In a short-lived exchange on March 11, President Trump had threatened to impose 50% tariffs on Canadian steel and aluminum, but quickly reversed course after Ontario Premier Doug Ford rescinded a planned 25% surcharge on electricity exports to the U.S.
From the May 8 U.S.-UK Economic Prosperity Deal (EPD), it was announced that the tariff rate on UK steel will be 0% with negotiations expected soon on a new rate for aluminum.
On May 30, President Trump announced that he would increase the tariff on imported steel and aluminum to 50% (from 25%) to be effective June 4. The increase was formalized June 3 in a proclamation. The United Kingdom’s Steel and Aluminum rates were held at 25% through July 9 depending on the UK’s compliance with the U.S.-UK Economic Prosperity Deal (EPD).
On July 9, Trump announced via Truth Social that the U.S. will impose a 50% tariff rate on copper and semi-finished copper products (matching steel and aluminum tariff rate) effective August 1.
On March 12, Commerce Secretary Howard Lutnick confirmed that Trump intends to include copper in his trade protection initiatives. This came after a Trump Executive Order directing the Commerce Department to investigate potential national security risks of copper imports, which could lead to a 25% tariff on all copper imports. The investigation was to be completed by November 22, 2025.
On March 26, Trump announced a 25% tariff on all non-USMCA compliant auto imports to the U.S., which took effect on April 3, 2025. While the tariff on non-USMCA compliant vehicles took effect April 3, auto parts tariffs are delayed until June, and USMCA-compliant vehicles and parts remain exempt.
China
In retaliation to the U.S. tariffs, China imposed additional tariffs on specific U.S. goods, effective February 10, 2025:
Canada
Mexico
European Union
Each individual tariff, whether on Canada and Mexico, China, or the EU, will have a significant and direct impact on the pool and hot tub industry. Furthermore, the possibility of new tariffs being considered on U.S. exports adds to these challenges, creating a complex trade environment. Imported or exported products, components, and materials used in the manufacturing of pool and hot tub products to or from any and every country will be directly impacted by the new tariffs.
PHTA and the International Hot Tub Association (IHTA) recognize that our membership encompasses manufacturers and businesses with diverse and competing interests regarding potential tariff implementations. PHTA/IHTA have deliberately adopted an agnostic position that respects the varied perspectives within our membership.
PHTA and IHTA committees have, however, been proactively engaging with the new administration, offering ourselves and our membership as a conduit for balanced dialogue and ensuring that multiple viewpoints are represented should the new administration reach out to us to discuss the proposed tariffs. Additionally, PHTA is working closely with our Federal lobbyist team DCLRS and various organizations (i.e., National Association of Manufactures) to navigate these proposals and work towards a favorable outcome for all involved.
PHTA/IHTA encourages our members to share the impact of tariffs on their businesses, whether positive or negative. Companies can directly reach out to their representative members of Congress or share the impacts with PHTA, who will then communicate with members of Congress and the administration.
The PHTA Government Relations team, IHTA, the PHTA Government Relations Advisory Committee (GRAC), and other PHTA committees are working together as new tariff developments evolve. PHTA will continue to update the industry as new developments come to light.
Please reach out to PHTA's Director of Government Relations Tyler Jones with any questions.
Current, scheduled, and announced tariffs
Country/Region | Tariff Rate | Status | Effective Date | Key Products Impacted |
---|---|---|---|---|
All | 10% | Active | April 5, 2025 | Most goods |
Blanket Tariffs (those not receiving letters stating specific rates) | 15%-20% | Announced | August 1, 2025 | Most goods |
Reciprocal Tariffs Full List of Countries |
Varies | Paused | April 9, 2025 (Paused until August 1) | Most goods |
Reciprocal Tariffs - Electronics | Exempt | Active | April 12, 2025 (Retroactive to April 5) | Specific Electronics Categories |
Canada | 0% | Active | Ongoing | All goods USMCA-compliant |
25% | Active | March 4, 2025 | All goods non-USMCA | |
35% | Announced | August 1, 2025 | All goods non-USMCA | |
Canada (energy) | 10% | Active | March 4, 2025 | Crude oil, natural gas |
Mexico | 0% | Active | Ongoing | All goods USMCA-compliant |
25% | Active | March 4, 2025 | All goods non-USMCA | |
European Union | 20% | Paused | April 9, 2025 (Paused until August 1) | Most goods |
10% | Active | April 9, 2025 |
Most goods |
|
50% | Announced/Paused | July 9, 2025 |
Most goods |
|
United Kingdom (steel/aluminum) | 25% | Active | June 4, 2025 | Steel/Aluminum |
Potash (Canada and Mexico) | 10% non-USMCA; Exempt USMCA-qualifying | Active | March 7, 2025 | Potash |
China | 20% increase | Active | March 4, 2025 | Broad range of products |
55% | Announced | TBD | Most goods | |
125% | Paused | May 14, 2025 (Paused for 90 days) | Most goods | |
Venezuelan Oil Importer Countries | 25% increase | Active | April 2, 2025 | All goods |
Global (steel) | 50% | Active | June 4, 2025 | Steel products |
Global (aluminum) | 50% | Active | June 4, 2025 | Aluminum products |
Global (copper) | 50% | Announced | August 1, 2025 | Copper and semi-finished products |