Tariff on US Products 2026: Preparing for Global Trade Policy Shifts

The Global View: Key Markets and Potential Tariff Risks

The application of tariffs on US products is seldom uniform. They often vary drastically based on the importing country’s trade relationship with the US. Shippers must monitor the major trade corridors:

Key Areas of Concern for Tariffs on US Products 2026

1. Canada and Mexico (USMCA Partners): While trade is largely free under the USMCA, the threat of Section 232 or other retaliatory measures remains a key concern. Any trade friction could see targeted tariffs on US products to Canada on specific sectors like agriculture or manufacturing.
2. India and Emerging Markets: Countries like India often use tariffs as a tool to protect nascent domestic industries. US exporters must be aware of potential tariffs on US products in India which can be high, and look for exceptions or trade programs.
3. The European Union (EU): Historically, the EU has implemented retaliatory tariffs in response to US actions (e.g., steel and aluminum). Political developments in 2026 could trigger new cycles of tit-for-tat duties impacting a wide range of US-made goods.

The Historical Context: Tariffs on US Products Before Trump

It is important to remember that tariffs are a longstanding feature of international trade. While recent years brought high-profile trade wars, tariffs on US products before Trump were primarily based on standard Most-Favored-Nation (MFN) rates or specific anti-dumping duties. Understanding this baseline is essential for distinguishing between standard trade taxes and political surcharges.