Geopolitical outlook
Navigating Trade Wars: Perspectives from Mexico (Part 2)
20 May 2025
Clyde & Co’s Tariff Tracker: September edition
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Insight Article 30 September 2025 30 September 2025
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Global
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Geopolitical outlook
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Trade & Commodities
Clyde & Co’s Tariff Tracker provides an overview of all trade restrictions imposed or announced by the US and against the US.
Following the Supreme Court’s decision and the shifting regulatory landscape, Clyde & Co has paused updates to the Tariff Tracker. However, Clyde & Co continues to monitor the developments closely, and if you have any questions about how these changes may affect your business or supply chain, your usual Clyde & Co contact/s would be pleased to assist.
The September updates on the tariff tracker including updates in US tariffs, retaliatory tariffs and any after-effects, are set out below.
29 September 2025
US tariffs
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On 25 September 2025, the US announced that brand-named or patented pharmaceutical products imported into the US will be subject to a 100 percent tariff. However, exemptions will apply to companies that are setting up their manufacturing plants for the pharmaceuticals in the US.
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In addition, the US also announced on 25 September 2025 the following tariffs on foreign goods:
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Furniture products such as kitchen cabinets, bathroom vanities and associated products, will be subject to a 50 percent tariff.
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Upholstered furniture will be subject to a 30 percent tariff.
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Heavy trucks will be subject to a 25 percent tariff.
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When will the tariffs come into effect?
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The 100 percent tariff on pharmaceuticals products, together with the tariffs on furniture and heavy trucks, will come into force on 1 October 2025.
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