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Ukraine

US Revised Tariffs (%)

10

Ease of doing business

theboardiQ Tariffs Dashboard:

Powering Mutually Beneficial Global Trade.

 

Understand the complexities of international tariffs and ease of doing business across nations to cultivate balanced trade relationships, streamline operations, and deliver cost savings to end consumers.

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Revised Tariff %
Original Tariff %
Country Tariff Rate %
Share of US Imports % (1 implies <1%)
10
10
1.9
1
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
1.68
1.19
0.5

Implications

As of late January 2026, the U.S. trade landscape is undergoing a massive transformation under the current administration's "America First" policy. The strategy has shifted from selective duties to a more aggressive, reciprocal baseline tariff system.


Latest US Tariffs Update (January 2026)


  • The 10% Baseline: A 10% reciprocal tariff is now effectively a "floor" for most imports not covered by specific trade agreements.

  • Ukraine "Prosperity Package": In a major pivot discussed at Davos (Jan 22, 2026), the U.S. is weighing a zero-tariff trade zone with Ukraine. This is intended as a postwar recovery signal to attract industrial investment into the region.

  • Advanced Tech Focus: As of Jan 15, 2026, a new 25% duty applies to high-performance semiconductors and AI-related hardware to protect domestic "computing sovereignty."

  • Material Hikes: Section 232 tariffs on steel and aluminum have been solidified at 25% for nearly all countries, including former allies who previously held exemptions.


Impact Analysis


Major Companies Impacted

The "pass-through" lag has ended; companies are now actively adjusting prices as stockpiled inventories have been depleted.

  • Ford & Stellantis: Reported tariff costs hitting approximately $1 billion each annually. Ford has noted some offsets from government "import adjustment" programs.

  • John Deere: Cited a $600 million impact due to rising costs for raw steel and aluminum components.

  • Lockheed Martin: Facing roughly $350 million in increased supply chain costs, particularly in aerospace-grade metals.

  • Retailers (Amazon/Walmart): The end of the de minimis exemption (August 2025) means small-value imports that were once tax-free are now subject to duties, raising costs for e-commerce giants.


GDP Impact

  • Growth: Goldman Sachs remains optimistic, projecting 2.8% full-year GDP growth for 2026, arguing that tax cuts will eventually outweigh the "tariff drag."


  • The Counter-View: The Tax Foundation estimates that current and scheduled tariffs could reduce long-run GDP by 0.5% to 0.7% once foreign retaliation is fully realized.

  • Inflation: Economists estimate tariffs have added roughly 0.5 percentage points to core inflation, though the administration claims these are offset by reduced trade deficits.


SWOT Analysis: 2026 US Tariff Policy

Strengths

Weaknesses

Revenue Generation: Estimated to raise $247 billion in 2026 alone.

Inflationary Pressure: Direct pass-through costs to consumers on household staples.

Negotiating Leverage: Used as a "carrot" for deals like the Ukraine Zero-Tariff Zone.

Supply Chain Fragility: High costs for specialized components (e.g., semiconductors).

Domestic Manufacturing: Significant uptick in factory construction (up 41%).

Retaliatory Cycles: Counter-tariffs on US agriculture (soybeans, corn, pork).

Opportunities

Threats

Near-shoring: Encourages moving production to the US or friendly neighbors.

Global Isolation: Strained relations with traditional EU and Asian allies.

AI Leadership: High tariffs on foreign AI chips protect the domestic tech lead.

Legal Challenges: Potential Supreme Court rulings on IEEPA authority.

Trade Deficit Reduction: Recent data shows a sharp drop in the monthly trade gap.

Market Volatility: Uncertainty in "stacks" of tariffs causes corporate hesitation.


US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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