On July 31, President Trump signed an Executive Order imposing new tariffs slated to begin on August 7 (notable exceptions listed below). Products that fall under the U.S.-Mexico-Canada Agreement (USMCA) are excluded from tariffs, including Canadian-grown barley malt and hops. The industry-specific 50% tariff on aluminum and steel remains in place and supersedes the rates below (unless otherwise noted):

Canada: The 25% tariff on most Canadian goods has been increased to 35%, effective August 1.

Mexico: A 25% tariff is currently in place on most Mexican goods. An additional 90-day extension on reciprocal tariffs was provided while negotiations continue.

European Union: A 15% tariff is in place on most European goods including malt and hops. The aluminum and steel tariff rate will eventually be replaced by a quota system to be determined at a later date.

United Kingdom (UK): Products originating from the UK will be subject to a 10% tariff including barley malt and hops. Aluminum and steel are subject to a temporary exemption tariff rate of 25% and will eventually be replaced by a quota system to be determined at a later date.

China: A 30% tariff is in place on most Chinese goods. The original deadline of August 12 for a trade deal has been extended by 90 days.

Please note that this list is not comprehensive and that the Executive Order contains the full list of countries affected by tariffs.